LA Mayor: Infrastructure Fuels Prosperity, And Federal Government Needs To Do Its Part

Mayor Eric Garcetti:

No, we expect them to do what they have in the past, and think about the Erie Canal, the work the federal government did to help the interstate highway system or to build the Internet.

These are things that pay back. And when we don’t take care of our infrastructure, we pay billions, even trillions of dollars in lost competitiveness, in literally millions of hours we’re away from our family, companies that don’t start here in the United States because it’s too difficult to get through the red tape.

So this is money that helps bring more money in. And we’re not expecting them to have the lion’s share, but they actually cut existing programs in some cases to pay for this. And we want to work with Congress, both houses, both parties. We have got Democratic and Republican mayors who are ready to show how what we have been doing and have the federal government can come and help lead.

But we’re going to need that money to be paid for with real dollars. We should have done it with probably the offshoring of those overseas profits — or onshoring of those, rather. But we will keep looking at other alternative ways to get in there.

Source : https://www.pbs.org/newshour/show/la-mayor-infrastructure-fuels-prosperity-and-federal-government-needs-to-do-its-part

228
Filed Under: PBS
LA Mayor: Infrastructure Fuels Prosperity, And Federal Government Needs To Do Its Part

Source:PBS

LA Mayor: Infrastructure Fuels Prosperity, And Federal Government Needs To Do Its Part

LA Mayor: Infrastructure Fuels Prosperity, And Federal Government Needs To Do Its Part

Source:BloombergQuint

LA Mayor: Infrastructure Fuels Prosperity, And Federal Government Needs To Do Its Part

LA Mayor: Infrastructure Fuels Prosperity, And Federal Government Needs To Do Its Part

Source:Governing

LA Mayor: Infrastructure Fuels Prosperity, And Federal Government Needs To Do Its Part

LA Mayor: Infrastructure Fuels Prosperity, And Federal Government Needs To Do Its Part

Source:CNN Money

LA Mayor: Infrastructure Fuels Prosperity, And Federal Government Needs To Do Its Part