It’s like Groundhog Day with this clown. Nobody in the media ever asks him where the trillion dollars from his stimulus went, which ostensibly was intended for such projects. Instead Mr. Pen and Phone is back at it asking for yet more money to throw down the rathole.
Apparently his union buddies are running out of money to divert to Democrat campaigns.
President Obama will urge Congress to fund the rapidly depleting Highway Trust Fund by eliminating corporate tax breaks during a speech Tuesday in Georgetown.
The president will argue “that by closing unfair tax loopholes for companies that ship profits overseas, we can invest in rebuilding our infrastructure,” according to a White House official.
The trust fund, which pays for state and federal highway projects, is running out of money thanks to declining revenues from gasoline taxes. Congress has not increased the 18.4 cent per gallon tax in some two decades, while fuel efficiency has been on the rise. Experts predict that the Transportation Department could run out of money for road projects by August, putting at risk hundreds of thousands of jobs and critical transportation projects.
Hundreds of thousands of jobs? Really? Do these “reporters” even have the slightest inclination to check the facts here?
Meanwhile, Jim Geraghty notes the media catchphrase to be on the lookout for today:
Back in 2009, Congress made “the largest new investment in America’s infrastructure since the Interstate Highway System” and then spends about $52 billion per year, and yet we’re still hearing the same complaints about “crumbling roads and bridges.”
A Google search shows 111 news articles in recent weeks using the phrase, “crumbling roads and bridges.” (Overall on the web, 321,000.)
No matter how much we spend, we keep getting told that our infrastructure is crumbling like a stale doughnut and we absolutely must spend more. What, have we been building bridges out of balsa wood? Are we resurfacing our roads with graham crackers?
It’s easy to suspect that this spending isn’t really driven by physical demands but by a desire to keep the money flowing. As for those fantastic jobs, as the president later acknowledged, “Shovel-ready was not as … uh .. shovel-ready as we expected.”