Hoppe, Leidiger, Ortman vote against bonding bill [UPDATED]

The Minnesota House has passed a $496 million bonding bill by a 99-32 vote this afternoon.  The bill will fund a number of key infrastructure projects and will create a number of jobs.  You can see the details of the bill here.

The fact of the matter is that this an excellent time to aggressively use our bonding capacity to upgrade our infrastructure.  Why?  Let’s quickly summarize the reasons:

  • Interest rates remain at or near historic lows.  In fact, even with Governor Dayton’s proposed $775 bonding package, our average interest expense over the life of the bonds would actually decline over the current payments.
  • Minnesota’s construction industry still has lots of excess capacity, despite the economic recovery finally just starting to take hold.  State and local governments have been consistently receiving bids lower than estimated for what projects have been completed in recent years.  We can get good bang for the buck in the current environment.
  • While  bonding is additional debt, it’s the very best kind of debt.  Bonding goes to projects, like new buildings and renovations at our colleges and universities, flood prevention and mitigation, roads and bridges, pollution control, and public safety.  These projects are the foundation for future prosperity, and will give benefits to the state for years and decades to come.

Carver County’s House delegation of Rep. Joe Hoppe and Ernie Leidiger voted no on the proposal.

The Minnesota House’s voting tracker for the bonding bill. (Screen capture via The Uptake)

This is a disappointing vote.  The bonding bill is shaping up to be one of the few highlights of this year’s session, and our representatives are on the wrong side of the issue.  Hoppe and Leidiger are going to have very little to show for themselves when voters ask about what they have accomplished since the 2010 election.

[UPDATE]:  The State Senate took up the bill this afternoon, passing it on a 45-22 vote.  State Senator Julianne Ortman of Chanhassen also voted against the bill.

[UPDATE #2]:  Reps. Hoppe and Leidiger voted against the final conference committee version of the bonding bill on Tuesday afternoon.  The bill passed 97-33.

Advertisements

6 Responses to “Hoppe, Leidiger, Ortman vote against bonding bill [UPDATED]”

  1. Glad they did. We shouldn’t be spending more money. We’ve got school shifts to pack back.

    • Best way to end school shifts: don’t shift the money in the first place. In the meantime, there’s precious little connection between the bonding bill and repaying the shift. It makes no sense to hurt the economy in other ways just because the two parties can’t come to an agreement on the school shift. This was a bipartisan bill, and Hoppe and Leidiger couldn’t go with it.

  2. Hoppe and Leidiger are going to have very little to show for themselves when voters ask about what they have accomplished since the 2010 election. Are they even going to be contested?

Trackbacks/Pingbacks

  1. Hypocrisy, eviction, lawsuits and porn: what does the business career of Rep. Ernie Leidiger mean? | Brick City Blog - August 16, 2012

    […] supporter of public education in his career in the legislature.  Leidiger has voted against the last two bonding bills in the State House, both of which had vital projects in both the MnSCU and […]

  2. Brick City Blog Endorsement: Jim Weygand for State Senate | Brick City Blog - October 15, 2012

    […] Ortman has taken the notion of increasing taxes to pay for this backlog off the table.  In fact, Ortman voted against this year’s bonding bill, which contained funding for a number of statewide transportation projects.  Legislative […]

  3. Droning on and on, and other news | Carver County Current - March 7, 2013

    […] bill is scheduled for a hearing in House Transportation Finance Committee today (3/7/13).  He was against bonding before he was for […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: