$1T infrastructure bill introduced by Vt. senator
Five-year funding bill could create 13 million jobs.
Sen. Bernie Sanders, I-Vt., wants the country to spend $1 trillion over the next five years to repair the country's aging roads and bridges. For years, transportation experts have called for a massive investment to save a network of roads, bridges and transit systems that has fallen into disrepair. A bill introduced in the U.S. Senate Tuesday would meet that need, providing $1 trillion over the next five years.
Given that elsewhere on Capitol Hill, members are scrambling for funds to keep annual federal transportation spending just above about $50 billion, coming up with $148 billion on top of that amount would seem problematic.
“For too many years, we’ve underfunded our nation’s physical infrastructure. We have to change that and that’s what the Rebuild America Act is all about. We must modernize our infrastructure and create millions of new jobs that will put people back to work and help the economy,” said Sen. Bernie Sanders (I-Vt.), the ranking member of the Senate Budget Committee, who introduced the $1 trillion bill.
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Source: The Washington Post
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