I appreciate the gentleman's courtesy in permitting me to speak against this motion to instruct. Mr. Speaker, I've been through this movie before as a member of the Budget Committee. This is not new ground. When it was first unveiled…
I appreciate the gentleman's courtesy in permitting me to speak against this motion to instruct.
Mr. Speaker, I've been through this movie before as a member of the Budget Committee. This is not new ground. When it was first unveiled before us and I looked at the transportation provisions, I asked the Republican staff to pin down exactly the amount of money that is available. This essentially is what the Republican budget is, and it was not enough to meet the current obligations. It meant that there would be no new programming. And now we're bringing it to the floor with instructions to make sure that this is what the conference committee enacts.
Let us be clear. What my friend and colleague from Oregon pointed out is that this is an opportunity for us to empower the private sector. Republicans and Democrats alike have been visited time and time and time again--first of all, you could hear from people in your district that the Recovery Act kept businesses afloat, kept people working, made a huge difference in every State in the union. Even though I agree with my colleague from Oregon that it wasn't enough infrastructure, but the contractors, electrical contractors, unions, and pavers were thankful for it to help many of them not go out of business.
The list of people who oppose this amendment are not opposing it because our proposal is socialism. To the contrary. The Amalgamated Transit Union, the American Coal Ash Association, the American Concrete Pavement Association, the American General Contractors, the Laborers' International, the Portland Cement Association, the Carpenters, and the U.S. Chamber oppose this because it would add to the depression that we have in the construction cycle in the United States right now. We would not be able to keep pace, and it would result in hundreds of thousands of jobs being lost.
We had a proposal that passed the Senate with 74 votes--half the Republicans--that would enable us to have two construction cycles. The Republicans, who could not get the votes to even have the courage to bring their proposal to the floor--it fell apart, having been brought to the Transportation Committee. And I am a proud alumni member of that committee. For the first time in history, it was a blatantly partisan bill that had never even had a hearing. They somehow got it out of committee, and they got it out of our Ways and Means Committee, but the support within the Republican Party completely fell apart before it came to the floor. They were afraid to have it voted on because it would have been defeated because it was bad for America. I had a list of 600 groups when I was arguing against it in our Ways and Means Committee that thought it was terrible policy.
We requested the Republican leadership to at least allow the Senate bill to be voted on, and they were afraid to do that. So we're in conference now merely because the Republicans just had a short-term extension, unwilling to allow this body--and I know there would be a number of my Republican friends who would have joined with us. Not a majority of Republicans, but enough that it would have passed comfortably, and we wouldn't be caught in this Never Never Land.
My good friend from Georgia is concerned that his two grandchildren will be facing debt. Well, the Republican budget would force us to increase the debt ceiling. It will force us to borrow in order to have more unfunded tax cuts, even while it undercuts investment in infrastructure. This was admitted by the Republican chair of the committee in our budget hearing yesterday. He admits that it's not going to balance any time in the foreseeable future, and that it will require the increase in the debt ceiling.
But there's a very different philosophy. It has nothing to do with socialism. My Lord, I thought that the John Birch claim that Dwight Eisenhower was a Communist or a socialist was discredited. The partnership we've had with the highway trust fund and investing in America's future is something that is the opposite of socialism. It is a public-private partnership that has involved people at all levels in government in things that made a difference.
I had a meeting today with 80 stakeholders primarily from the private sector, including environmentalists and unions and businesses and trade associations, who are apoplectic over the
prospect that this House would go on record to shut down all new investment for the next year and further undercut the opportunity of moving a bipartisan Senate bill to at least give us two construction cycles and move forward.
I agree that we need to be concerned about a debt burden, and independent analysis of why we've had an exploding debt includes unfunded tax cuts. Remember, Mr. DeFazio and I served here when the big fear was that we were going to pay off all government debt. What would the insurance companies do? What would the pension plans do if there wasn't government debt to invest in? This is part of the rationale for the Bush tax cuts of 2001 and 2002, because we were looking at a $5.3 trillion surplus.
Well, they solved that problem. They solved it with tax cuts, primarily for people who need them the least. Yet, we have serious problems with increasing health care costs, and now they are trying to dismantle the Affordable Care Act, which would actually, over 20 years, start reining those costs in. They had not one, but two unfunded wars, which my colleague and I from Oregon opposed. There is the collapse of the economy.
It is interesting that Mr. Romney's adviser, when there was criticism of the Romney record in Massachusetts for debt and problems of job loss, said:
Well, you know, part of that is that's not really a good criterion, because a lot of those jobs were lost in Governor Romney's first year in office, and you shouldn't count those.
There is a certain merit to that, but if you use the Romney standard of not being accountable for the first year as Governor of Massachusetts, the problems with employment and the problems with the debt look much, much different, because this President inherited one of the worst situations in American history.
It is important that we focus on where we need to go forward. We actually had a much higher percentage of the gross domestic product in public debt immediately after World War II. It's much higher than the debt burden today.
How was that solved? Was it solved by cutting taxes to zero? No. They had much higher tax rates for 20 years until the Kennedy-Johnson tax cuts. They invested in America, as my friend from Oregon pointed out. They invested in education for returning veterans, they invested in the highway, the transcontinental highway fund, they invested in America's future.
That's what we should be doing now. The absolute worst thing, the worst thing would be to shut down investment this next year in transportation and infrastructure.
That's why companies from A to Z oppose this motion to instruct. I hope, instead, we pass the Senate bill, get 2 years of construction cycle, reject this wrong-headed approach, and get on with the business of rebuilding and renewing America.