Page 7 - Infrastructure Deficit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

I'm asking both parties to come together to give us safe, fast, reliable and modern infrastructure that our economy needs and our people deserve. [ applause ] >> tonight i'm calling on congress to produce a bill that generates at least $1.5 trillion for the new infrastructure investment that our country so desperately needs. every federal dollar should be leveraged by partnering with state and local governments and where appropriate tapping into private sector investment to permanently fix the infrastructure deficit and we can do it.

Systems. it's not just roadways and bridges. you have trains and metro systems that have to complement each other. so that's the lowest grade. transportation, if you were to think about a place to start in this issue, that might be a good place to go. when we looked at the infrastructure deficit in this country of $1.9 trillion, 1.1 trillion of that over ten years was in mass transit roads and bridges. >> a lot of money needed. and i'm wondering if that's the reason you think private public partnerships is the key to f fixing this? >> i want you to understand historically the federal governmen...

Deal. but in terms of infrastructure, i think that's something we can agree with the president on. in may of this year, i, along with other democrats, introduced a big, bold, beautiful infrastructure bill. i urge the president and his aides to look at that and work with us. we need to repair our roads and bridges. according to the study by the american society of civil engineers, we've got a $4 trillion infrastructure deficit of which $2 trillion is not paid for. >> you saw some republicans express support for a bill to protect what are called the d.r.e.a.m.ers, maybe 700 or 800,000 young peop...

Mile they drive because of increased full efficiency and inflation, has been cut in half. we are facing for all the talk of a budget deficit, we're facing an infrastructure deficit. and because we have just sort of run the gas tax trust fund down to where it's approaching zero, if we don't do something in the next ten months, we're going to face an inability to fund any transit funding next year, and the federal highway funding will drop 92%. >> what's happened to all the money we have already allocated, not only through the gas tax but states, municipalities and surcharges and -- where has th...

Building of roads, infrastructure. is this a one-time alliance or a sign of things to come? and how worried is labor to make peace with corporate america? richard is the president of the afl-cio and is with us tonight from switzerland. president, good to see you, sir. let's start with the statement. the chairman of the chair ber of commerce saying america's working families and business communities stand united in applauding president obama's call to create jobs and grow our economy through investment in the nation's infrastructure. you know, sir, that most republicans in the congress said no....