Wednesday, November 23, 2016

The Trump Infrastructure Bank

From CityLab:

"These are all reasons why many a transportation policy wonk has described the national infrastructure bank as the “next best idea for the past 25 years.” Bill Clinton promised to establish one. President Obama pushed for one repeatedly, without success, for years—even though the idea has also Republican proponents, including South Carolina Senator Lindsey Graham. The idea saw a revival in 2015, just as Congress was heading towards its last “highway cliff.” But opponents argued that an infrastructure bank was just another way to get stuff done with IOUs—and others probably just didn’t like the fact that Obama was associated with the concept."

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.