TITLE

Fed infrastructure bank has limited potential

PUB. DATE
August 2012
SOURCE
Roads & Bridges;Aug2012, Vol. 50 Issue 8, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on setting up a federal infrastructure bank in the U.S. The U.S. Congressional Budget Office (CBO) has taken a look at setting up an infrastructure bank but concluded that it would have limited effect on increasing revenue for surface-transportation projects. The bank would function similar to existing state infrastructure banks and the European Investment Bank. The CBO was skeptical about the bank's ability to select projects on technical rather than political grounds.
ACCESSION #
79568123

 

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