Issue Position: Expanding Economic Opportunity and Investing in RI's Infrastructure

Issue Position

Issue Position: Expanding Economic Opportunity and Investing in RI's Infrastructure

Expanding Economic Opportunity and Investing in RI's Infrastructure
As a senior member of the Banking Committee, Reed has supported sound fiscal policies to expand our economy, protect American workers against unfair trade and labor practices, and promote economic growth. Reed values responsible budgets and targeted tax cuts that won't leave our children and grandchildren saddled with a legacy of debt.

Through his work on the Appropriations Committee, Senator Reed has secured hundreds of millions of dollars for innovative community development projects to help improve the quality of life in Rhode Island, create new jobs, and bolster the local economy.

He secured over $230.5 million for Rhode Island in the landmark Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU) Act and ensured the state receives $2.96 in federal transportation funding for every dollar Rhode Islanders pay in gas taxes. Reed also helped increase the funding available to densely populated states, like Rhode Island, where bus and rail programs play a vital role in helping people travel to and from work. And he secured over $70 million in federal funding to enhance commuter and freight rail service in Rhode Island and help grow the state's economy.

In an effort to strengthen Rhode Island's defense industry, create more sustainable, high-paying jobs throughout the state, and expand opportunities for local businesses, Reed has secured hundreds of millions of dollars in federal funding for important defense projects throughout the state.

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