The following is a statement from Smart Growth America President and CEO Geoffrey Anderson in response to President Obama’s State of the Union address, February 12:
‘Stronger families. Stronger communities. Stronger America.’ In his State of the Union speech on Tuesday, President Obama described a shared national prosperity built on a thriving middle class and which has always been the source of our progress at home.
In order to achieve this prosperity, the United States must invest in its communities. Now is the time for bipartisan leadership on the issues that will ensure the long-term prosperity of the United States’ towns and cities. Many of the issues President Obama discussed on Tuesday are part of this work.
I was pleased to hear President Obama speak confidently about the chances for tax legislation this year. Part of bipartisan tax reform must include a review of America’s real estate spending to make sure taxpayers get the most for this investment. Smart Growth America recently released a report detailing the $450 billion in programs and line-items affecting our real estate market. That spending and commitments has a dramatic effect on how towns and cities get built, as well as their economic potential and fiscal resiliency.