SOTU FACT: GOP Bill Links Infrastructure to Energy
CLAIM: Much of America “needs to be rebuilt,” and Congress just needs to “fund these projects.”
- “Building this new energy future should be just one part of a broader agenda to repair America’s infrastructure. So much of America needs to be rebuilt. We’ve got crumbling roads and bridges. … [Y]ou need to fund these projects.” (President Obama, State of the Union Address, January 24, 2012)
FACT: The ‘stimulus’ didn’t work and the president’s failed policies are making the economy worse. We need a new approach that links infrastructure to energy production to help create jobs.
- The ‘stimulus’ was supposed to be focused “on ready-to-go repairs and maintenance” – what Vice President Biden later called “shovel-ready” projects. President Obama admitted last summer those “shovel-ready” projects weren’t “as shovel-ready as we expected.”
- “The stimulus bill spent nearly $100 billion on infrastructure,” noted Investor’s Business Daily. “Yet when the bulk of that money started to get spent in the ‘Recovery Summer’ of 2010, the economy shed 329,000 jobs.”
- Associated Press reported 10 months after the ‘stimulus’ began that “a surge in spending on roads and bridges has had no effect on local unemployment. Spend a lot or spend nothing at all, it didn't matter.”
- Unlike short-term ‘stimulus’ gimmicks, the American Energy & Infrastructure Jobs Act (H.R. 7) is a permanent solution that will help create new jobs and finance repairs of our roads and bridges by expanding American energy production.
BOEHNER QUOTE: “Here’s how the bill works: [H.R. 7] will create millions of jobs by eliminating unnecessary barriers that prevent us from using our vast energy resources. Second, by expanding American energy production we can help lower fuel prices for American families and small businesses, and can provide a new revenue stream for infrastructure repair and improvement. And thirdly, the bill will include reforms that speed up the bureaucratic approvals that delay important infrastructure projects.” (Speaker John Boehner, Press Conference, 11/17/11)