It’s good to see Rep. Josh Gottheimer looking at our state’s infrastructure capital needs as a public safety issue, rather than strictly as a transportation issue, as he calls for a $750 billion federal infrastructure bank from which local governments can draw by way of an application process.
According to The Record, Gottheimer, the 5th district freshman whose defeat of Scott Garrett still has me buzzed, is asking the New Jersey DOT to provide an itemized list of “substandard” infrastructure in his district, while calling for tax reform that spurs spending on infrastructure projects.
Gottheimer couches public safety policy rhetoric with our infrastructure’s impact on jobs and the economy, saying he will work with Congress to push through legislation to create an infrastructure bank from which local governments can draw by way of an application process..
The bank, according to The Record, would fund itself by “offering corporations a limited bonus tax rate to bring back to the United States profits parked with offshore subsidiaries.”
Out of the state’s roughly 6,700 rural and urban bridges, 596 are considered “structurally deficient,” according to a report by the American Road & Transportation Builders Association.