Nevada Senator Harry Reid has introduced a bil that would repair our national infrastructure and put construction workers back on the job.
Senators Amy Klobuchar (MN), Joe Manchin (WV), Barbara Boxer (CA), Chris Coons (DE), Bill Nelson (FL), Richard Blumenthal (CN), Diane Feinstein (CA), Carl Levin (MI), Robert Menendez (NJ) and Sherrod Brown (OH) are all co-sponsors.
Called the Rebuild America Jobs Act, the bill is based on President Obama’s jobs plan, and would invest $50 billion in roads, rails, and runways across the country.
Additionally, the bill would invest $10 billion to establish a National Infrastructure Bank that would mix private and public sector money to support construction projects across the country — without adding a penny to the deficit.
The legislation would be paid for by asking millionaires and billionaires to pay a small 0.7 percent surtax on their income. This would affect less than one percent of Americans.
Everyone who has traveled past his or her front door knows our infrastructure needs work. There are 150,000 miles of roadway, 4,000 miles of train tracks, and 150 miles of airport runways in need of upgrades and maintenance nationwide. The American Society of Civil Engineers gives America’s infrastructure a “D.”
We need a top-notch infrastructure to compete in the global economy, and this bill would put Americans back to work building it.
Seventy-two percent of Americans and 54 percent of Republicans agree it’s time to upgrade the nation’s infrastructure. Even Senate Republicans have supported government investments in infrastructure in the past.
That is why Senator Reid has said it is time for Republicans “to put their political motivations aside and work with us on this common sense bill to create jobs.”