[Congressional Record Volume 163, Number 96 (Tuesday, June 6, 2017)]
[Senate]
[Pages S3254-S3255]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INFRASTRUCTURE
Mr. SCHUMER. Mr. President, first I want to talk about
infrastructure. This week, the administration is laying out a few
``proposals'' on infrastructure. So far, it has been a major
disappointment. President Trump pitched a trillion-dollar
infrastructure plan in his campaign and continued to mention it in the
days after the election. We Democrats welcomed the idea.
One of my first conversations with the President after he was elected
was about infrastructure.
I said: You called for a trillion-dollar infrastructure program.
He said to me: At least that.
I said: Sounds good to me. Let's work on it.
We have made overtures to the White House saying we would be willing
to work with the President on infrastructure. I said it to the
President directly several times. Democrats have been pushing for new
money for infrastructure for a very long time. We even put out our own
proposal, a trillion-dollar infrastructure plan, hoping it would spark
a discussion.
We Democrats continue to welcome a serious and constructive dialogue
on this issue, but unfortunately the President continues to disappoint.
We sent our plan several months ago, and we have heard nothing for
those months. Now the President seems to be intent on pushing forward
an infrastructure plan on his own, one with few details, that is mostly
private sector driven--that means tolls--and with minimum investment,
and that would ignore a huge section of our infrastructure. The
President doesn't seem to be talking to anyone but a few people in his
inner circle. Some of them are financiers. Of course, they have been
financing private sector infrastructure for a long time, but that is
not the way we have worked in America since Henry Clay, a former--not
quite a Republican. We didn't have any then, but he was a Whig--the
predecessor party--and he came up with this idea of internal
improvements. I remind my dear friend, the majority leader, Mr. Clay
was from Kentucky.
Internal improvements were supposed to connect what was then the east
coast with the far West--Kentucky, Tennessee, Ohio--with roads over
Appalachia, and ever since, we have had bipartisan support on the
Federal Government building infrastructure and putting in the dollars
for it but not from President Trump, at least thus far.
The President's plan is a recipe for Trump tolls from one end of
America to the other. That is not what the American people are crying
out for. They don't want more tolls. They want us to rebuild our
crumbling water systems, bridges, schools, roads, broadband, not
finance new tollroads.
Unfortunately, the President surrounds himself with bankers and
financiers. These are folks who used to work at investment banks. They
look at infrastructure as an investment to be made by corporations in
the private sector, but infrastructure has never been a business
investment.
Infrastructure has been something the government has invested in for
decades and even centuries because the benefits of infrastructure have
great--what the economists call externalities. The benefits for having
a good highway is not just for the people who use the highway, but if a
factory locates nearby because it can get its goods there more
frequently and quickly, that is a benefit. A road itself might not
generate short-term profits, but a factory might locate nearby and
bring jobs and economic vibrancy to an area. The private sector might
not build high-speed internet all the way out to the house at the end
of the road if there isn't a profit there, but our rural people are as
entitled to high-speed internet as our people in urban areas and, I
might add, there are large parts of my city, New York City, where that
last mile isn't done because there are poorer residents and it is less
profitable.
That is why there has always been the role of government to stimulate
infrastructure investment, to provide support for necessary maintenance
and construction which the private sector would ignore. To connect that
house at the end of the road to high-speed internet so children living
in it can learn, thrive, and benefit in a global economy benefits
America, even if someone isn't making a huge profit immediately from
the building of that broadband. It is the same with the highway, the
same with the bridge, the same with water and sewer, the same with the
school with internet.
The bottom line is, if the President wants to sit down with
Democrats, of course we want to do it, but if he continues to take this
path with a plan cooked up by Wall Street advisers, it will not succeed
or it will result in such a small measure that it will not be
effective.
Again, I say to the President--there is talk, I read in the
newspapers--they want to do this by reconciliation, no Democratic
votes, just 52 Republican votes in the Senate. The same problem they
had with healthcare, the same problem they are having with tax reform,
will repeat itself with infrastructure if you don't do it in a
bipartisan way.
Our colleagues constantly remind us that ObamaCare didn't work
because it was done by one party, but now they are letting Trump lead
them to do the same thing on just about every major issue. It is a
formula for failure President Trump is advocating. He hasn't been down
here in Washington that long. It is up to our Republican colleagues to
teach him that working in a bipartisan way is the only way you can
really get things done.
So my view is, we need bipartisanship, but the President might not
get--just remember that many Republicans are very negative, initially
at least, with a private sector-driven infrastructure bill because they
represent rural areas.
Here is what a Republican Senator from Wyoming, Mr. Barrasso--fine
man--said: ``Funding solutions that involve public-private partnerships
do not work for rural areas.''
[[Page S3255]]
My friend, the Republican Senator from West Virginia, has said: ``As
a person who represents an almost all-rural State . . . I'm concerned
about how we are going to be able to incent the private dollars to go
to the less-populated, less-economically developed areas of our
country, because the investments are just as important.''
The bottom line is this, an investment bank infrastructure plan like
the one the President is proposing is a sure loser in Congress. A
Goldman Sachs infrastructure plan just will not work, except for a few.
It would turn over a public good to the whims of private finance, who
will not build infrastructure where America needs it. They will build
it where they can make a buck, and that means tolls paid by working
Americans and middle-class Americans. That means rural areas will not
get the support they need. That means any project that can't generate
user fees or taxes--like repairing our schools or water sewer systems--
will not get done.
There is no free lunch. When the private sector wants to finance
infrastructure, they naturally--that is our free enterprise system--
want to get repaid, but who is going to repay them? The average
American: the truckdriver who is scratching out a living, the salesman
or saleswoman who is scratching out a living, the family who is going
on vacation and has to stop every 30 miles for another big toll, the
small business that depends on roads to get the goods to and from that
business location.
If the President truly wants to rebuild our Nation's infrastructure,
he has to approach this issue in a bipartisan way. There are several
Republicans who don't want the Federal Government to spend any more
money on infrastructure, but the majority of Senators of both parties
probably do. The President needs to sit down with Democrats and work
something out if he wants to get something done. He hasn't sat down
with Democrats. He doesn't seem to want to. There are even reports that
the President is considering doing infrastructure on reconciliation.
That means just Republican votes, a huge mistake.
Republicans have been tied in a knot here in Washington. The
President has been tied here in a knot in Washington because he insists
on going at it alone.
Look at the entire Trump administration agenda. President Trump ran
against both the Democratic and Republican establishments--a populist,
if you will, but he has thrown his lot, since he has become President,
with hard-right conservatives and is now pursuing an agenda entirely
through the partisan process Republicans once decried--healthcare,
reconciliation; taxes, the same. Now infrastructure? The one area where
we kept the President out of it, the appropriations process worked
swimmingly well. Leader McConnell and I, Senators Cochran and Leahy,
and the House Members got together in a bipartisan way and we worked it
out. We each thought we had some victories. It worked, but I had to
stand at this desk and tell our Republican colleagues to keep the
President out of it because it will bullocks everything up.
Fortunately, they did. Maybe we can do that again.
I would say to the President: Mr. President, you can spend your
entire first-term agenda trying to jam through partisan bills. That
would be a shame because America needs to get moving again. On
infrastructure, this is an issue where we really have some common
ground. That is why Senate Democrats put forward a trillion-dollar
infrastructure plan that would create millions of jobs and actually fix
our crumbling roads and bridges, invest in every corner of America,
with particular attention to rural America.
We stand ready and willing to work with the President on that plan or
something similar that actually achieves what he promised on the
campaign trail.
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