Portman Hails Signing of Bipartisan Infrastructure Bill
Lauds Benefits for Ohio and National Priorities Including Roads, Bridges, Ports, Broadband and More
WASHINGTON, DC — U.S. Senator Rob Portman (R-OH) issued the following statement today as the bipartisan Infrastructure Investment & Jobs Act was signed into law. The bill, which Portman played a lead role in crafting, invests in core infrastructure that will improve people’s quality of life, create jobs and make our economy more productive without raising taxes or adding to inflation.
“Today is an historic day for America and my constituents in Ohio. Presidents and members of Congress of both parties have talked for decades about the need for significant investments to improve our nation’s dated infrastructure. Finally, Congress put partisanship aside and came together in a truly bipartisan effort to write legislation that will have a positive impact on the lives of all Americans.
“I am proud that the Infrastructure Investment & Jobs Act will provide a $9.2 billion investment in Ohio’s roads and highways along with special funds to assist with our bridge repairs, including the desperately needed repair and expansion of the Brent Spence Bridge in Cincinnati. Nationwide, the new law represents an historic $542 billion new investment in roads, bridges, ports, waterways, rail lines, electrical grids, water infrastructure, broadband networks, and more.
“It represents a long-term investment in our nation’s hard infrastructure assets that will create hundreds of thousands of jobs, and make us more efficient, more productive and more competitive against other countries like China. Importantly, economists agree that by investing over time in hard assets, it adds to the supply side of the economy, and will be counter-inflationary at a time of rising inflation. And it does all of this without raising taxes on the American economy as we are coming out of the pandemic. In contrast, the partisan tax and spend Build Back Better plan will increase inflation through massive stimulus spending and hurt the economy through massive tax increases.
“This bipartisan infrastructure law was the product of months of difficult negotiations and lots of give and take. I commend my colleagues on both sides of the aisle and both sides of the Capitol, as well as the Biden White House negotiating team, for their perseverance in seeing this through.
“As the lead Republican negotiator, I am especially grateful to the lead Democratic negotiator, Senator Kyrsten Sinema, and our determined group of 5 Democrats and 5 Republicans, including Senators Collins, Manchin, Cassidy, Warner, Murkowski, Shaheen, Romney and Tester - who never gave up. This bipartisan process should be a model for addressing other challenges we face as a nation.
“I am proud of this new law because I know it will make a real difference in people’s lives, in Ohio and around the country.”
NOTE: Portman thanks U.S. Senators Kyrsten Sinema (D-AZ), Bill Cassidy (R-LA), Susan Collins (R-ME), Joe Manchin (D-WV), Lisa Murkowski (R-AK), Mitt Romney (R-UT), Jeanne Shaheen (D-NH), Jon Tester (D-MT), and Mark Warner (D-VA) for their work in crafting the bill. A statement from the group of 10 senators can be found here. A summary of the bill can be found here and its benefits for Ohio can be found here.