To watch the interview, click here or the image above.
WASHINGTON, D.C. – U.S. Senator Shelley Moore Capito (R-W.Va.), Ranking Member of the Senate Environment and Public Works (EPW) Committee, today joined Bloomberg TV’s Balance of Power to discuss the latest on the Infrastructure Investment and Jobs Act.
HIGHLIGHTS:
ON WHERE THINGS STAND ON INFRASTRUCTURE BILL: “We are going to get it done. I think we have great bipartisan support. We've had 22 amendments that have been offered. Everybody's getting a chance to make some tweaks and some differences that they've been working on. I’m very encouraged by this.”
ON IMPORTANCE OF INVESTING IN JOB-CREATING INFRASTRUCTURE: “The case can be made very strongly that by investing in infrastructure with the manufacturing that will occur, the job creation that will occur at the same time, that essentially over five to 10 year period, this bill will absolutely pay for itself…I think this is so important to the country. I'm still going to move forward with it.”
ON RECONCILING BILL WITH THE HOUSE, ISSUES WITH DEMOCRAT SPENDING SPREE TO FOLLOW: “There are provisions in there as there were in my surface transportation bill in terms of climate, in terms of resiliency, in terms of electrification of vehicles, and other things that are thought to be integral to lowering the emissions. So, let's move forward with those. I think the House is going to deal with this bill I hope very positively. But I would say too, they're going to have another crack at the ball, I'm talking ‘they’ being the Democrats. If they want to go full Green Deal on this, they can do that with their $5 trillion. I hope they don't because I think it would harm the country and put taxes on everybody.”
ON TACKLING ENVIRONMENTAL ISSUES: “Let's take the water bill for instance. We know that in the drinking water and wastewater, that there are issues in terms of environment, in terms of old leaky pipes. So there's a lot of investment here for old pipes, lead pipes, things that could be damaging, not just to individuals but to the environment as well. I think in the transportation bill, as I said we had 19 provisions in our bipartisan bill that we put forward, some of it deals with emissions. Some of it deals with getting states to look at their emission targets. Some of it deals with electric vehicle charging stations and hydrogen and the technology that's going to move forward. We are for reasonable, sensible environmental regulations, not those that if you do a cost-benefit analysis, like they didn't do in the Obama administration, which causes enormous economic damage which I saw in my state.”
# # #