Senators Kerry, Warner and Hutchinson have expanded the idea of a Federal Highway Bank put forward by Matthew Kahn and David Levinson I discussed back in March. The Federal Highway Bank would be initially funded by the federal government but would soon become self-financing. Kerry etal are using the basic idea but extending it to sewers, levees and airports.
It's a good idea. There is some bi-partisan support. But can they make it happen?
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