Amid weeks of unsuccessful #infrastructure negotiations, today I'm proud to release my own blueprint.
The Young Plan for America's Infrastructure Future is an ambitious, intellectually honest plan that will revitalize our communities and be responsibly paid for.
As former Chairman of the Transportation and Infrastructure Committee, I know how to get big things done.
My plan funds infrastructure at $1.25T -- $500B for hard infrastructure, and $750B for soft infrastructure like broadband, renewable energy, and Member Directed projects.
Restoring our infrastructure is going to require a bold, honest revenue source. My plan modernizes the gas tax, and implements a onetime increase in the corporate tax rate of no more than 4% for a total rate 25%. The Young Plan shields small businesses from this increase.
Congress must recognize that there is wisdom in the “user pays user benefits” principle. Corporations benefit from and are users of infrastructure. The benefits of a modernized transportation system over the long term far outweigh the costs of a rate increase to corporations.
"Infrastructure week" can no longer be a punchline.
We need an approach that meets the needs of our modern economy, respects the authority of Congress to raise and spend taxpayer dollars, and puts our core transportation programs on sustainable financial footing.
I call on my friends in both chambers and on both sides of the aisle to seriously consider my proposals.
I'm ready work with everyone, including @POTUS and @SecretaryPete, on behalf of Americans in every corner of our country.
NEW: I’m happy to announce that THREE of the Member Directed Projects I requested and advocated for have been APPROVED by the Transportation and Infrastructure Committee!
They are: [THREAD]
✅ $8.7 million for the reconstruction of Cowles Street In Fairbanks.
✅ $6.4 million to replace Bridge 114.3, used by the Alaska Railroad, in Anchorage.
✅ $5.6 million for Phase 2 of the Seldon Road Extension in Wasilla.
For too long, my colleagues and I have been unable to directly request funding for projects in our districts. This decade-long ban on 'earmarks' served only to shift Congress' rightful power to appropriate money to the Executive, while denying needed funds to local entities.
Today, I helped the House pass the most significant #cannabis reform legislation in decades – the #MOREAct. This bill isn't perfect, but it takes important steps to safeguard our personal liberties and freedom. THREAD:
I am a passionate supporter of a states’ rights approach to cannabis policy. For too long, the Federal government has stood in the way of states that have acted to set their own marijuana policy, and it is past time Congress modernized these outdated laws.
Since Alaska legalized marijuana, I have heard from many constituents – including small business owners – who have been impacted by archaic Federal marijuana policy that criminalizes them for selling marijuana-derived products otherwise legal under state law.
There has been much speculation in the media on my current condition, and I want Alaskans to know that their Congressman is alive, feeling better, and on the road to recovery. As you know, last week, I tested positive for COVID-19.
Over the weekend, I was admitted to Providence Hospital for treatment and monitoring. The team at Providence did an outstanding job, and their commitment to patient care is to be commended. I have been discharged and continue recovering and working from home in Alaska.
Very frankly, I had not felt this sick in a very long time, and I am grateful to everyone who has kept me in their thoughts and prayers. Unfortunately, a lot of what you may have heard about my condition was based on speculation in the media that did not respect my privacy.