Innovation NewsBriefs
Vol. 24, No. 5
During his March 29 visit to the privately built and financed PortMiami tunnel project, President Obama unveiled a new infrastructure plan. His latest proposal—costing $21 billion— includes a renewed call for a National Infrastructure Bank capitalized at $10 billion, a $7 billion “America Fast Forward Bonds” program modeled after the former Build America Bonds; and a sum of $4 billion in direct loans and loan guarantees. The White House announcement did not make it clear whether this latest infrastructure initiative…
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