The Biden Border Crisis and So-Called Infrastructure Plan

Floor Speech

Date: April 21, 2021
Location: Washington, DC
Issues: Infrastructure

BREAK IN TRANSCRIPT

Mr. MEUSER. Madam Speaker, I thank my friend, the gentleman from Louisiana, Vice Chair Mike Johnson, for yielding.

Madam Speaker, we can all agree our Nation's transportation and infrastructure system is in need of investment to improve our quality of life and economic competitiveness. Very unfortunately, the Biden administration has thus far chosen a go-it-alone approach in solving this problem with a $2.3 trillion proposal, whereby less than 8 percent would go toward improving our Nation's roads, bridges, highways, airports, ports, and waterways, traditional infrastructure.

The rest is filled with provisions that have nothing to do with traditional T&I as we all know it, including $173 billion for electric cars and car electrical ports for powering; $400 billion to expand Medicaid programs, which is not infrastructure; and hundreds of billions of dollars to implement provisions of the Green New Deal.

As a means to pay for it, the Biden administration and Democratic leadership plan to raise taxes by over $2 trillion. At a time when our economy is in recovery, and we are supposed to be on the side of American manufacturing and repatriating jobs, bringing these companies back to America, the idea of significant tax increases is another upside-down policy and will certainly not attract business but only export them.

Additionally, our infrastructure plan needs to be supplemented by private capital investment. That is where accountability comes from. That is why I plan to introduce the Infrastructure Bank for America Act, which would add to existing government funding with private investment, increasing access to capital for worthy infrastructure projects that deliver on R&I and deliver value to the American people at a fraction of the cost to the taxpayer.

Contrary to the Biden infrastructure plan, IBA investments would not be restricted and would help finance surface transportation projects, grid security, broadband, and revitalization of cities and towns across America and my district.

Thus far, the Biden administration has failed to reach across the aisle in a meaningful way to accomplish anything. We should unite to fix our roads, bridges, highways, airports, and other gateways to growth and innovation, not exploit this opportunity and pass a $2 trillion liberal wish list that will raise taxes, impose Green New Deal mandates, and add trillions to our national debt.

BREAK IN TRANSCRIPT


Source
arrow_upward