Private investment key to U.S. infrastructure plan
Private investment key to U.S. infrastructure plan | Reuters:
by Rick Cowan and John Crawley
Reuters 3/15/11
"...A government plan to upgrade U.S. roads and rails would kick-start an infrastructure bank by putting in enough funds to lure private investment and eventually become self-sustaining, according to a proposal to be unveiled in the U.S. Senate on Tuesday."
"The bipartisan plan advanced by Democrat John Kerry and Republican Kay Bailey Hutchison envisions a financing institution for loans and loan guarantees modeled on the Export-Import Bank, according to Senate sources with knowledge of the proposal."
"The bipartisan plan advanced by Democrat John Kerry and Republican Kay Bailey Hutchison envisions a financing institution for loans and loan guarantees modeled on the Export-Import Bank, according to Senate sources with knowledge of the proposal."
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