Corker Says Senate Highway Bill Represents "The Very Worst of Washington"
Thursday, July 30, 2015 2:03 pm
U.S. Senator Bob Corker (R-Tenn.) released the following statement today after voting against the Senate highway bill. The legislation uses 10 years of budget gimmicks and questionable policy changes to pay for only three years of spending.
"The Highway Trust Fund is one of the largest budgeting failures in the federal government, and I am extremely disappointed that both Republicans and Democrats continue to avoid enacting a permanent solution to the problem," said Corker. "This bill represents the very worst of Washington and exemplifies why the American people are so frustrated."
"We have three options: We can spend less on these programs, we can devolve the highway program back to the states, or we can collect enough user fees to sustain the trust fund," added Corker. "I am open to all of those options, but what I cannot do is participate in abject generational theft where we are stealing from our children's futures to pay for today's priorities."
"Over the next month, members of Congress will travel home to meet with the people they represent about a number of important issues. It is my hope that the American people will make it loud and clear that this behavior is unacceptable and will urge their elected officials to find a long-term, fiscally responsible funding mechanism for our federal transportation program," concluded Corker.
A preliminary analysis by the non-partisan Congressional Budget Office (CBO) found that the Senate highway bill:
In a speech on the Senate floor on Tuesday, Corker outlined the following three most egregious offsets used for the $46 billion general fund transfer: