Monday, February 8, 2010

Budget Proposal Includes Something Like a Transportation Infrastructure Bank

President Obama’s proposed budget for 2011 includes the creation of a $4 billion National Infrastructure Innovation and Finance Fund. This fund would finance a variety of transportation issues with national or regional significance. This looks like a fund for heavily vetted, big projects in transportation only. In that regard, it may not be the model of a national infrastructure bank that many are looking for.

Related articles and posts:
Budget 2011: Infrastructure
Transportation Infrastructure Bank Plan Would Cost $4B

Other posts related to an infrastructure bank:
Another National Infrastructure Bank Bill Proposed
Rebuilding America's Infrastructure Act Introduced in House
Senators Propose National Infrastructure Bank

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