Sen. Amy Klobuchar Proposes National Infrastructure Plan
WASHINGTONSen. Amy Klobuchar wants to devote more than $1 trillion to rebuild the nations aging network of roads, highways and bridges, in a proposal that aims to break the partisan logjam in Washington. Mr. Trump campaigned in 2016 on an infrastructure plan that has so far failed to materialize. Sen. Klobuchar, a Minnesota Democrat who is running for the partys 2020 presidential nomination, would seek $650 billion in direct federal funding for infrastructure, more than three times the amount that Mr. Trump has prescribed, to repair roads and bridges, rebuild public schools and expand broadband internet across the nation.
The senators infrastructure plan is the first of its kind from a Democratic presidential contender, and she plans to make it a centerpiece of her campaign and the type of solution she could achieve by working with Democrats and Republicans alike. America needs someone who will deliver on their promises and get things done for this country, Sen. Klobuchar said. This plan is about bringing our country together. Building bridges is not just a metaphorthis is what Ive done and what I will continue to do as President.
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Congress has thus far failed to reach consensus on a package. Improving the nations infrastructure remains one of the presidents unfulfilled promises as he seeks re-election. Sen. Klobuchars plan would focus on improving highways and bridges, including the nations more than 50,000 bridges deemed structurally deficient, while enhancing the nations seaports, airports and rail systems.
It would also emphasize fixing schools facing disrepair, improving public transit systems serving low-income neighborhoods, and strengthening wastewater treatment systems to provide clean drinking water. Sen. Klobuchars proposal would also provide Midwest communities dealing with extensive flooding with greater flood protection, an issue the senator is expected to discuss this week in Iowa. She would also set a goal of connecting every home to the internet by 2022, a concern in rural communities.
Beyond the $650 billion in federal funding, Ms. Klobuchars plan would create an independent infrastructure financing authority that would leverage $250 billion to $300 billion in direct loans and loan guarantees and issue a series of bonds that would support nearly $400 billion in investments in projects.
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https://www.wsj.com/articles/sen-amy-klobuchar-proposes-national-infrastructure-plan-11553767200 (paid subscription)