[Congressional Record Volume 161, Number 19 (Wednesday, February 4, 2015)]
[House]
[Page H763]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INVESTING IN OUR INFRASTRUCTURE
(Mr. QUIGLEY asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. QUIGLEY. Mr. Speaker, infrastructure investment is key to growing
our economy and creating jobs which is why President Obama committed to
a 40 percent increase in infrastructure funding in his budget released
this week.
Despite the fact that every billion dollars invested in
infrastructure creates 30,000 jobs, over the past 50 years, our
investment in infrastructure has shrunk by half. Meanwhile, China is
investing four times as much as we do in transportation.
We need these investments in Chicago where we have got a century-old
transit system that needs updates to keep up with increased capacity.
By the way, the Chicago Transit Authority carries more people in a
month than Amtrak does in a year. We also need 1,000 miles of roads to
be repaired, and 675 bridges are structurally deficient or functionally
obsolete.
Our crumbling infrastructure is slowing economic growth, and without
serious long-term investments, we simply will not be able to compete in
today's global economy.
The President outlined his 21st century infrastructure plan this
week. Now, it is time for Democrats and Republicans in Congress to work
together on the long-term transportation bill the American people are
asking for.
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