[Congressional Record Volume 159, Number 106 (Tuesday, July 23, 2013)]
[House]
[Pages H4859-H4860]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAX REFORM AND INFRASTRUCTURE
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Oregon (Mr. Blumenauer) for 5 minutes.
Mr. BLUMENAUER. Mr. Speaker, I appreciate the groundwork that is
being carefully laid by Senate Finance Chair Baucus and Ways and Means
Committee Chair Camp. It's absolutely essential that we reform a tax
code that is hopelessly complex, unfair, and often counterproductive.
The system is reaching the point of breakdown. The complex patchwork is
difficult to administer, invites tax engineering, if not outright
evasion, and is hugely expensive for those who are just trying to meet
their obligations.
Through mistake and evasion, we lose approximately $365 billion of
revenue each year that should be paid to the Treasury--$1 billion a
day--and the estimated cost of compliance is $168 billion. With
simplification and careful enforcement, we could easily gain tens of
billions of dollars of revenue and allow individual taxpayers and
businesses to shift resources away from compliance and tax engineering
to growing the economy and providing for our families.
While we all may disagree with some fundamentals, it would be a
mistake to begin with our areas of disagreement. I commend the chairmen
for working to build common understanding on a path forward.
There is one area that has not been part of the tax reform discussion
but is every bit as critical as solving our budget deficit, and that's
to deal with our infrastructure deficit. Every day brings more stories
of a Nation slowly falling apart and falling behind other nations that
are modernizing their infrastructure, like Japan, China, India, and the
European Union, all of whom spend more of their economy on
infrastructure than does the United States.
Last week's potential water emergency in Prince George's County
underscores a point made by my friend, Representative Don Young from
Alaska: we leak more water than we drink; 1.9 trillion gallons of water
is lost due to inadequate infrastructure underground. It is water,
sewer, the electrical grid, transit, roads and bridges--the American
Society of Civil Engineers has estimated we need to spend $2.3 trillion
in the next 5 years just to maintain basic standards.
Transportation reauthorization finance is under the committee's
jurisdiction, and it's fast approaching, with a highway trust fund
unable to meet even current inadequate requirements. This resource gap
prevented us from being able to enact a full 6-year reauthorization
last Congress, hence, we're facing it again next year.
In the 20 years since the gas tax was last increased, the purchasing
power of the fund has eroded dramatically due to inflation and
increased fuel economy, so that the average motorist is only paying
about half as much per mile as they did in 1993.
The failure to meet the revenue needs has required increased
borrowing from the general fund, adding $55 billion to the deficit just
to meet the current inadequate levels. At the same time, we've seen a
collapse in the construction industry, costing hundreds of thousands of
family wage jobs and slowing our economic recovery.
Resources have become increasingly inadequate to meet basic
transportation needs, but at the same time the consensus among key road
users in support of an increase has grown ever stronger.
A vast coalition has emerged in support of raising the fuel tax,
which includes business, the professions, organized labor,
nongovernmental organizations, the truckers, transit, and cyclists. The
list of supporters is as long as it is varied.
Allowing an inflationary increase for the highway trust fund was part
of the Clinton deficit reduction plan back when we had balanced
budgets. More recently, it was included in the recommendation of the
chairs of the President's deficit reduction committee, Alan Simpson and
Erskine Bowles. Making infrastructure a part of the larger tax reform
proposal will meet a critical and growing need for our economy. It will
help satisfy the concerns of those who were insisting on more revenue,
but do so in a manner that's supported by a broad, diverse, and
powerful coalition of interests.
[[Page H4860]]
We all have a stake in funding to rebuild and renew America. It's not
just the quickest way to put people back to work but also to make our
communities more livable, our families safer, healthier, and more
economically secure. And it just might be the smoothest path to tax
reform as well.
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