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Create a Bill to establish a Bond program, similar to WWII war bonds, for the refurbishment of America's Infrastructure

Created by P.H. on October 26, 2011

The Bill would provide for low interest loans to private sector construction firms to be used for major highway, air traffic, school, water quality management, electric power, waterway, flood control, land and seashore erosion upgrade/repair/improvement. Projects would be bid on a competitive basis. This would improve infrastructure and create jobs and empower "main-street" to invest in America's future without increasing the national debt. The loans would be underwritten by "Infrastructure Bonds", which could only be purchased by US based buyers, including individual buyers and investment houses. Bonds would return their investment at a guaranteed minimum 5% rate and mature over 20 years. Infrastructure projects when completed would have some sort of toll, user fee payback arrangement.

Economy & Jobs
Transportation & Infrastructure
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