I *love* this idea!!!
FOR IMMEDIATE RELEASE: September 6, 2010
Kerry Bill Will Boost Obama Infrastructure Plan
WASHINGTON, DC – Senator John Kerry (D-Mass.) released a statement following President Obama’s infrastructure proposal announced today:
“The President’s infrastructure proposal today is appropriately focused on creating jobs today and making us more competitive tomorrow so we can sustain economic growth the right way. At a time when it’s politically easy to go for gimmicks and quick fixes, the President is instead meeting a big generational challenge by investing in the long-term to help our businesses compete in a changing world. It will help create opportunity, create work that pays a decent wage across skill levels, and connect workers to the modern economy.
“China, Brazil, India, and other European countries are already making these kinds of investments and we need to do the same and more to compete and win.
“I am developing legislation to establish an American Infrastructure Bank that will attract and channel private capital to our domestic infrastructure needs. These large private investments will provide the funding we need to modernize our infrastructure while creating jobs and a competitive base for American businesses and workers. It will help reconnect America by linking urban centers and rural communities through a network of high speed rail and road investments. It’s no secret that I’ve long supported high speed rail and I believe we need to build upon the investment we made with the Recovery Act. Now is the time to act on the kind of ideas outlined by President Obama and I plan to work in the Senate to make that happen."