{"id":18155,"date":"2013-03-27T10:03:06","date_gmt":"2013-03-27T14:03:06","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=18155"},"modified":"2013-03-27T10:03:06","modified_gmt":"2013-03-27T14:03:06","slug":"an-interesting-potential-swap","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=18155","title":{"rendered":"An Interesting Potential Swap"},"content":{"rendered":"<p><a class=\"zem_slink\" title=\"Ed Morrissey\" href=\"http:\/\/en.wikipedia.org\/wiki\/Ed_Morrissey\" target=\"_blank\" rel=\"wikipedia\">Ed Morrissey<\/a> at <a href=\"http:\/\/hotair.com\/archives\/2013\/03\/27\/swapping-drilling-for-spending\/\">Hot Air<\/a> posted an article today posted an article about the current budget negotiations in <a class=\"zem_slink\" title=\"United States Congress\" href=\"http:\/\/maps.google.com\/maps?ll=38.8897222222,-77.0088888889&amp;spn=0.01,0.01&amp;q=38.8897222222,-77.0088888889 (United%20States%20Congress)&amp;t=h\" target=\"_blank\" rel=\"geolocation\">Congress<\/a>.<\/p>\n<p>The article reports:<\/p>\n<p style=\"padding-left: 30px;\"><strong>One of Obama\u2019s advisers at that time, former OMB director <a class=\"zem_slink\" title=\"Peter R. Orszag\" href=\"http:\/\/en.wikipedia.org\/wiki\/Peter_R._Orszag\" target=\"_blank\" rel=\"wikipedia\">Peter Orszag<\/a>, warns that the nation\u2019s <a class=\"zem_slink\" title=\"Infrastructure\" href=\"http:\/\/en.wikipedia.org\/wiki\/Infrastructure\" target=\"_blank\" rel=\"wikipedia\">infrastructure<\/a> is ready to crumble unless we start spending big money to rescue it \u2014 and now, apparently, is the \u201c<a href=\"http:\/\/www.bloomberg.com\/news\/2013-03-26\/it-s-the-perfect-time-to-fix-our-roads-and-bridges.html?alcmpid=view\" target=\"_blank\">perfect time<\/a>\u201d to start borrowing heavily to do it:<\/strong><\/p>\n<p>Mr. Orszag suggests that we issue $250 billion in bonds to pay for the repairs. The article goes on to say that the <a class=\"zem_slink\" title=\"American Society of Civil Engineers\" href=\"http:\/\/www.asce.org\/\" target=\"_blank\" rel=\"homepage\">American Society of Civil Engineers<\/a> (<a class=\"zem_slink\" title=\"ACSE\" href=\"http:\/\/en.wikipedia.org\/wiki\/ACSE\" target=\"_blank\" rel=\"wikipedia\">ACSE<\/a>) has given the condition of <a class=\"zem_slink\" title=\"United States\" href=\"http:\/\/maps.google.com\/maps?ll=38.8833333333,-77.0166666667&amp;spn=10.0,10.0&amp;q=38.8833333333,-77.0166666667 (United%20States)&amp;t=h\" target=\"_blank\" rel=\"geolocation\">America<\/a>&#8216;s infrastructure a grade of D. These are the same people who will repair these roads if the additional spending passes. Do you think there might be some self-interest here?<\/p>\n<p>The article concludes:<\/p>\n<p style=\"padding-left: 30px;\"><strong><a href=\"http:\/\/www.politico.com\/story\/2013\/03\/energy-revenue-for-infrastructure-a-natural-link-89352.html\" target=\"_blank\">John Boehner has a proposal for Democrats<\/a> who want to talk infrastructure spending.\u00a0 He\u2019s willing to increase the allocations for that purpose, but only if the money comes from a specific new source of revenue:<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong>As Congress continues to hunt for ever-elusive money to rebuild roads, bridges and transit systems, House Republicans are likely once again to turn to black gold.<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong>In the tax-averse and conservative-heavy conference, transportation interest groups\u2019 ideas about raising the gasoline tax or looking at distance-based fees are a tough sell. But expanding oil and gas drilling and using those revenues for infrastructure improvements represent what Speaker John Boehner has called a \u201cnatural link.\u201d<\/strong><\/p>\n<p style=\"padding-left: 30px;\"><strong>That\u2019s one way to test whether Democrats are serious about infrastructure repair, or are looking only to create more pork-barrel projects for people back home \u2014 as the <a class=\"zem_slink\" title=\"American Recovery and Reinvestment Act of 2009\" href=\"http:\/\/en.wikipedia.org\/wiki\/American_Recovery_and_Reinvestment_Act_of_2009\" target=\"_blank\" rel=\"wikipedia\">ARRA<\/a> \u201cPorkulus\u201d did in 2009 and 2010.<\/strong><\/p>\n<p>It should be an interesting debate.<\/p>\n<div class=\"zemanta-pixie\" style=\"margin-top: 10px; height: 15px;\"><a class=\"zemanta-pixie-a\" title=\"Enhanced by Zemanta\" href=\"http:\/\/www.zemanta.com\/?px\"><img decoding=\"async\" class=\"zemanta-pixie-img\" style=\"border: none; float: right;\" alt=\"Enhanced by Zemanta\" src=\"http:\/\/img.zemanta.com\/zemified_e.png?x-id=8e581eb7-5c63-4d56-b623-641c523a6a9f\" \/><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ed Morrissey at Hot Air posted an article today posted an article about the current budget negotiations in Congress. The article reports: One of Obama\u2019s advisers at that time, former OMB director Peter Orszag, warns that the nation\u2019s infrastructure is &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=18155\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5253,4292,5251,221,5252,298,5254,285],"class_list":["post-18155","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-acse","tag-american-recovery-and-reinvestment-act-of-2009","tag-american-society-of-civil-engineers","tag-ed-morrissey","tag-infrastructure","tag-john-boehner","tag-peter-r-orszag","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/18155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18155"}],"version-history":[{"count":2,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/18155\/revisions"}],"predecessor-version":[{"id":18160,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/18155\/revisions\/18160"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}