House Democrats call for $760 billion in infrastructure spending over
five years
Send a link to a friend
[January 29, 2020]
By David Shepardson
WASHINGTON (Reuters) - U.S. House Democrats
on Wednesday will unveil a proposed $760 billion infrastructure spending
bill over five years that aims to rebuild sagging roads and bridges and
reduce carbon pollution.
The proposal is also intended to get U.S. President Donald Trump to
return to the bargaining table. Trump campaigned in 2016 on boosting
infrastructure spending by at least $1 billion over a decade but focused
first on tax cuts and health care reform after taking office.
"America’s infrastructure is in crisis," Democrats will say, according
to a fact sheet. "For decades we have relied on a 1950s-era
transportation system that has failed to keep pace."
In April, Trump and Democratic leaders agreed to spend $2 trillion on
infrastructure, without hashing out a way to pay for it. Weeks later,
Trump abruptly canceled a follow-up meeting after criticizing
congressional investigations.
The Democrats' plan calls for new spending on roads, bridges, rail,
public transit, water, internet expansion, electric grids, aviation and
"brownfield" land that was possibly contaminated after previous
industrial use.
Democrats want to spend $329 billon over five years on surface
transportation, with a focus on fixing the 47,000 structurally deficient
U.S. bridges. They would also provide $1.5 billion to support the
development of an electric vehicle charging network.
A White House spokesman declined to comment.
With a presidential election looming, many doubt Congress will be able
to tackle infrastructure this year but lawmakers face a Sept. 30
deadline to reauthorize surface transportation spending.
[to top of second column]
|
The new Governor Mario M. Cuomo Bridge (R) that is to replace the
current Tappan Zee Bridge (L) over the Hudson River is seen in
Tarrytown, New York, U.S., August 24, 2017. REUTERS/Mike Segar
A Senate panel in July voted to authorize $287 billion in federal
government spending over five years on surface transportation needs,
a 27% jump, but Congress has not been able to agree on how to pay
for it.
Republicans on the House Transportation and Infrastructure committee
said in a statement they believe Congress can pass infrastructure
legislation this year; they argue Congress must find a new way to
fund road repairs since existing gasoline tax revenue has not kept
pace.
Congress abandoned the practice of largely requiring road users to
pay for road repairs and has not hiked the federal gas tax since
1993. Since 2008, Congress has transferred about $141 billion in
general revenues to the Highway Trust Fund.
To maintain existing spending, Congress will need to find $107
billion over five years, government auditors say.
Democrats would invest $105 billion in transit, $55 billion in rail
spending and $30 billion in airport investments. They would also
dedicate $86 billion to expand internet access.
(Reporting by David Shepardson; Editing by Kim Coghill)
[© 2020 Thomson Reuters. All rights
reserved.] Copyright 2020 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|