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Refusing to touch the 2017 GOP tax cuts for the wealthy and large corporations, a bipartisan group of 21 senators is proposing a series of alternative infrastructure funding mechanisms that critics say amount to a thinly veiled scheme to privatize the nation’s roads, bridges, and water systems.
“Communities across the country have been ripped off by public-private schemes that enrich corporations and Wall Street investors.”
—Mary Grant, Food & Water Watch
In a two-page memo (pdf) outlining its yet-to-be-finalized infrastructure plan, the bipartisan group lists “public-private partnerships, private activity bonds, and asset recycling” as potential ways to finance the package, which calls for $579 billion in new spending over five years.
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