CSPAN Key Capitol Hill Hearings May 20, 2015
Year. The last longterm bill we passed with safetealu in 2005. That was 10 years ago and that bill was underfunded because of the resistance of raising the gasoline tax or identifying new revenue sources. For over a decade we have failed to address the funding challenges necessary to break the cycle of underinvestment and put this country back on a competitive path with the rest of the world. Today we spend about 1. 7 of g. D. P. On infrastructure while china spends 9 , europe 4. 5 to 5 . We used to spend 4. 5 to 5 also. There is a 800 million backlog. Public transit has an 6 billion backlog o...