Joe Biden Build Back Better Infrastructure Speech Transcript New Jersey October 25

President Joe Biden: (16:09) Thank you. Hello, New Jersey. Thank you. Lieutenant Commander [inaudible 00:16:45]. Well, Governor Murphy. So many of the national challenges we're confronting are areas where you're already leading, and that's not hyperbole. Whether it's making healthcare, or preschool, or college, more affordable providing paid family, leave, replacing lead in pipes and protecting public health. So thanks for showing the way, pal. Thanks for showing the way. It's also good to meet my old friend, a lot of my friends in Congress, but Bill, you and I have been doing this a long time, pal, thanks for the passport back in New Jersey and your district. And Josh [Scottheimer 00:17:27] has been the best go-between I've had trying to get all this done. Whether it's the Build Back Better portion, or the infrastructure proportion. And Tom Malinowski's done on a hell of a job, and Don [Payne 00:17:41] and Frank [Palone 00:17:42]. I keep telling Frank, I remind him, we've been doing things together a long time. I know Delaware's small, I know how important New Jersey is, but Delaware owns the Delaware River up to the high watermark in New Jersey. So, you know what I mean? And one of my favorite members of Congress who I campaigned for, and she won in spite of it, Mikie Sherrill, Lieutenant Commander in the United States Navy, Naval graduate, Georgetown Law, incredible person. And I want to acknowledge both Senator Booker and Menendez, who represent you so well in Washington. They're down there trying to get this all moving. President Joe Biden: (18:21) I'm here today to talk about what's fundamentally at stake for the families of New Jersey, the whole region here and for our country. For most of the 20th century, we led the world by a significant margin, not just led the world, by significant margin because we invested in ourselves, we invested in our people. Not only in our roads and our highways and our bridges, but in our people, and our families. We're among the first to provide access to free education, 12 years of free education for anyone who was in American beginning back in the late 18 hundreds in the early 1900s. President Joe Biden: (19:02) And that decision to invest in our children and our families was a major part, a major part, of why we were able to lead the world for so much of the 20th century, but somewhere along the way, we took our eyes off the ball. Our infrastructure used to be the best in the world, not hyperbole; the best in the world. Today, according to the World Economic Forum, we ranked 13th in the world. 12 of our nations have superior infrastructure to us. And China has trains to go 230 miles an hour for long distances, and we got money to do that back in the administration of Barack Obama and Joe Biden. And you had a Republican governor who didn't want any parts of it. We used to lead the world in educational achievement, now the Organization of Economic Cooperation and Development ranks America 35 out of 37 countries when it comes to investing in early childhood education and care. 35 out of 37- President Joe Biden: (20:03) Early childhood education and care, 35 out of 37. We cannot be competitive in the 21st century global economy if we continue to slide. My wife who's a community college professor says, "Any nation that out educates us will out compete us." Say it again, any nation that out educates will out compete us and that's a fact. That's why I resolve that we once again build America from the bottom up and the middle out. I've never seen a time in American history when the middle class did well, the wealthy didn't do very well but I'm tired of trickle down. Trickle down hadn't worked so much for the last 15 years for working class and middle class folks. That's why I proposed two critical pieces of legislation being debated back in Washington right now. President Joe Biden: (20:50) These bills are not about left versus right or moderate versus progressive or anything that pits one American against another. These bills are about competitiveness versus complacency. Competitiveness versus complacency. They're about expanding opportunity not opportunity denied. They're about leading the world or continuing to let the world pass us by. President Joe Biden: (21:14) First, the infrastructure bill. It's about rebuilding the arteries of America and the Portal Bridge project is showing why investments like this are so important. When the Portal Bridge was built, it was state of the art and it really was. But a 110 years ago. Today it's been called something different, a choke point, a bottleneck and Achilles' heel in the northeast corridor. Since the Portal Bridge was built, it's become the busiest rail span in the entire Western hemisphere. Let me say that again. It's the busiest rail span in the entire Western hemisphere. At peak usage, 450 trains pass over it every day, 200,000 Amtrak and New Jersey Transit passengers but ships and barges also need to get under it and many can't fit. That means the bridges need to swing open and closed again, a process that stops rail traffic and causes other problems. President Joe Biden: (22:21) The bridge opens over a 100 times a year and 15% of the time, something goes wrong. 15% of the time. For example, if the rails don't lock back in place exactly right, the bridge closes and sometimes, you know what fixes it in the 21st century? A sledgehammer. Come out with a sledgehammer and align the tracks. Literally a sledgehammer to knock it back into place in the year 2021. One report a couple years ago found that the Portal Bridge was particularly responsible for 2, 000 hours of delays between 2014 and 2018. Know the little expression, time is money. As one commuter said, "If you're on the train and they say Portal Bridge, you know you better make other plans." President Joe Biden: (23:18) Aging infrastructure like this is more than an inconvenience or a nuisance, it's an impediment. Impediment to America's global competitiveness. We're in a worldwide race. Things have changed. Take a look. That's why what's happening right now is so important. Today, we're moving forward on a new bridge that will be higher over the water so it won't need to open and close. Allow us to increase speed, safety and efficiency and capacity. This is going to make life a lot better for New Jersey's commuters. It's also going to create nearly 8,000 construction jobs in this area alone, this area's workers. 8,000 union jobs. Union. President Joe Biden: (24:08) It was pointed out to me not long ago that I said, I'm a union president, that I've apparently used, someone calculated I used the word union more than the last seven presidents combined because guess what? It's a decent wage. It's about to make rail transportation, which is a cleaner, greener way to travel the better choice for a lot of New Jersey residents, but not just New Jersey, everybody up and down East Coast. If I can pause for a second, I apologize because some have heard this. I commuted every single day, 263 miles a day on Amtrak from the time I got elected a United States Senator. As a matter of fact, when I was vice president, I used to like to take the train home because my mom was very sick and dying and I'd come home every weekend to make sure I'd take the train home. And the Secret Service and I'm not criticizing them, legitimately would rather me fly because it's safer because too many people can get on an off et cetera. President Joe Biden: (25:16) I'm getting on one Friday and then one of the senior guys on Amtrak, Angelo Negri, I got know all the conductors really well. They became my friends. Really my genuine friends. I'd have them at my home at Christmas and during the summer and Ang walks up to me and goes, "Joey baby, grabs my cheek. And I thought the Secret Service was going to blow his head off." I said, I swear to God true story. I said, "No, no, he's a friend." I say, "What's up, Ang?" He said, "Joey, I read in the paper, I read in the paper, you travel 1,200,000 miles on Air Force planes," because they keep meticulous tabs of it. I said, "Yeah." President Joe Biden: (25:57) He said, "Big," I won't say the whole thing, "big deal. You know how many miles you travel on Amtrak Joey?" And I said, "No." He said, "The boys and I figured out at the retirement dinner." He said, "You traveled two million," I think it was 180, but "2,200,000 miles." Said, "How'd you get that, Ang?" He said, "Well, 267 miles a day, we figured you traveled a 119 days a year for 36 years and then you traveled as vice president." He goes, "Joey, I don't want to hear this about the Air Force anymore." I'm a train guy because it also is the single most significant way we can deal with air pollution. Single most significant way we can deal with global warming. It's going to help the region's vital maritime industry as well by making the movement of ships and bridges safer and more efficient. President Joe Biden: (26:51) Look, with my infrastructure bill, we're going to make sure projects like this are just the beginning. Across the country, there are 45,000 bridges in disrepair, some of them dangerously so. 173,000 miles of roads are on poor condition. We're going to create them totally new. We're going to fix them. This is going to be good union jobs, prevailing wage. You can raise a family on jobs that can't be outsourced. We're going to make the largest investment in public transportation in the history of America, replacing transit vehicles that are past their useful life and make the most significant investment in rail since the creation of Amtrak 50 years ago. During peak periods, when railroads are congested and rail carriers have more passengers, rail is up to 10 times more energy efficient than a person driving. 10 times. We have a huge opportunity here to provide fast, safe, reliable and clean transportation in this country. President Joe Biden: (27:55) Every study shows, I won't bore you with them all because I've been working on them my whole life. Every study shows if you can get from point A to point B faster on rail than you can drive your automobile, you take the rail. The northeast corridor, we're talking about a $30 billion investments in major project, like the Hudson River Gateway tunnels and the Portal Bridge, which it feeds into. Look, we're going to create job replacing lead water pipes so families can drink clean water, something New Jersey and Governor Murphy have been leading on. We're going to make sure high speed internet is affordable and available everywhere in America, including in the nearly one in three New Jersey families that don't have the internet subscription. How many times you see people pulling up to a McDonald's sitting outside during the pandemic so they could do their homework because they can get off of their line. We're going to create jobs, laying thousands of miles of transmission lines to build modern, resilient an energy grid. President Joe Biden: (28:56) And we're going to invest in strengthening our infrastructure against the impacts of climate change. The governor and I were talking a little bit earlier, just this year global warming has caused over $100 billion dollars, $100 billion in damage. I visited New Jersey as the governor mentioned after the Hurricane Ida came through. The governor and several of you were with me. In Manville we met people who had been put out of their homes by flooding. It was devastating. Water marks over people's heads. They'd show me where the water I'd gotten to. I told them that help was on the way. Since then, FEMA processed assistance applications for nearly 30,000 New Jerseyans and approved a $150 million in repairs, replacement and rental assistance and other needs. Between 2010 and 2020, this state has had 24 extreme weather events, 24. Nationally extreme weather as I said, cost... President Joe Biden: (30:03) ... it's 24. Nationally extreme weather, as I said, cost the taxpayers over $100 billion a year. Our plan is going to build our roads higher, our levies stronger, our power grids more durable, all to withstand the ever-increasing ferocity and intensity of extreme weather. And with my Build Back Better plans, we're going to address the root cause of ever-increasing extreme weather and destruction, the climate crisis. We have a climate crisis. President Joe Biden: (30:28) I've flown all over this nation this year in helicopters, gone from lake Mead ... More land has been burned to the ground in the west, to the ground, forest homes, than the entire state of New Jersey, from all the way down to Cape May all the way up to the Hudson. That's how much is burned to the ground. My infrastructure bill was always a part of America's work for long overdue national environmental cleanups, like clean up Passaic River, the nation's most expensive Superfund site. President Joe Biden: (31:07) We're going to invest $42 billion in modernizing and electrifying our ports and airports, like the port of New York and New Jersey, Newark Liberty International Airport. Reducing congestion and emissions and creating thousands more good paying union jobs. It's going to help us meet the moment of the climate crisis in a way that creates good jobs, make us more economically competitive, and we can breathe. President Joe Biden: (31:32) Look, we haven't passed the Transformative Infrastructure Bill for a decade. Think about this. How many times under the former guy did we have infrastructure week? Not a single thing happened. We need to get this done. And it isn't enough just to invest in our physical infrastructure, we also have to invest in our people. That's what my second pill, the Build Back Better plan does. I just had the opportunity to visit a preschool in the East End Elementary in North Plainfield. North Plainfield provides access to preschool for all kids four years and above. My plan is going to make it possible for the district to expand that program to three-year-olds all across America. The earlier our children began to learn, the better for themselves, their families, and for the nation. Studies show that children who have attended high quality preschool are 50% more likely to finish high school and get a two or four year degree after high school. President Joe Biden: (32:35) But right now we're lagging behind. Today only about half of three and four year olds in America are enrolled in early education. In Germany, France, the UK, and even Latvia, that number is over 90%. Over 90% of three and four year olds are in school. My Build Back Better plan gets us back on track. We'll make two years of high quality preschool available to every child in America. President Joe Biden: (33:03) An average two parent household in this state spends $15,000 to care for just one young child every year. Everybody says, "How do you know?" I know about this. When I got elected to the United States Senate, my wife and daughter were killed. I had two little boys. I was making a lot of money as a US Senator, $42,000 a year, and I could not afford. That's why I started commuting every single day. Could never afford to have two houses and to have daycare. Thank God I have a sister, who's my best friend, a brother, and my mother and my father who helped out. President Joe Biden: (33:36) My Build Back Better plan is going to cut childcare costs more than half for low and middle-income New Jersey residents. Under my plan, no middle-class family will spend more than 7% of their income on childcare. We also extended historic middle-class tax cuts for parents by expanding the Childcare Tax Credit. Everybody talks about children, and Josh has heard me say it, I view it as a tax cut for middle-class families, a tax cut. We never have an argument when we talk about with the wealthy, this is a tax cut. It changes the lives of the American people. President Joe Biden: (34:19) As many people here in New Jersey understand, it means you get $300 a month for every child under six and $250 for a child between six and 17. That money is already a life-changer for so many working families. It's projected to cut child poverty in New Jersey by 36%. These bills are going to change the lives of millions of people in the areas of the hundreds of millions of people across the country for better and for years to come. President Joe Biden: (34:45) So everyone here today, especially Governor Murphy and other dedicated officials here today, thank you for showing us what's possible. Because when we make these investments, there's going to be no stopping America. We will own the future. This initiative is about betting on America, about believing in America, about believing in the American people. President Joe Biden: (35:07) If you look at the history of the journey of this nation, what becomes clear is this, given half a chance, the American people have never, ever, ever let their country down. So let's get this done. Let's move. Folks, we have the most talented workforce in the world. What are we doing? What in God's name are we doing? President Joe Biden: (35:33) And by the way you hear these numbers, 3.5 trillion or 1.75 trillion, we pay for it all. It doesn't increase the deficit one single cent. So let's get to work. Let's put people to work and let's once again reestablish America as the most advanced country in the world. God bless our America and God bless our troops. Thank you. Thank you. Thank you.