Bipartisan Senate Bill Would Create National Infrastructure Bank
On March 16, 2011, Senators Kerry (D), Bailey Hutchison (R), and Warner (D) announced the Building and Upgrading Infrastructure for Long-Term Development (BUILD) Act. The bill would create an infrastructure bank to provide loans and loan guarantees to infrastructure projects…
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within a covered sector (transportation, water, or energy), that meet a minimum size requirement, and that demonstrate a clear public benefit. The move is supported by both the U.S. Chamber of Commerce and the AFL-CIO.