New Infrastructure Investment Corporation: Funding Roads, Bridges, and Networks
This act establishes a new government entity, the National Infrastructure Investment Corporation, to finance large-scale infrastructure projects like roads, bridges, water systems, and telecommunications. Its goal is to improve U.S. infrastructure, create jobs, and foster economic growth, especially where local funding is insufficient.
Key points
A new government corporation will provide loans and loan guarantees for infrastructure projects, including transportation, water, and telecommunications.
Funding for these projects will come from loans from pension funds, aiming to attract additional capital without burdening the federal budget.
All projects will undergo thorough review and monitoring, with consideration for their impact on local communities.
The act aims to enhance citizens' quality of life by modernizing critical infrastructure, potentially leading to better roads, water access, and faster internet.
Introduced
Citizen Poll