We Need the Upcoming Tax Bill to Help Fund Public Works Projects Now!

From: Huffington Post

By: Michael Likosky

While the House bill shuns market approaches to infrastructure, the Senate bill promotes an approach that leverages scarce federal tax-payer dollars to bring in outside money from states, local governments, and private investors.

Much of this happens through the promotion (Senate) or doing-away-with (House) of what are called private activity bonds. These are simply a way of financing private infrastructure where the federal government pays less than 30 cents on the dollar for projects.

Read the complete article at https://www.huffingtonpost.com/entry/infrastructure-in-the-tax-bill_us_5a05cc60e4b0f1dc729a6a5f