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New financing tools needed for infrastructure


There is a growing recognition of America's under investment in its infrastructure. Many elements of our most critical systems are aging, deteriorating, and severely congested, as evidenced by the D+ grade that the American Society of Civil Engineers recently gave to the nation’s infrastructure. There are continuing calls for investment in infrastructure, even from some out-spoken "budget hawks," not only to provide the basis for creating construction and manufacturing jobs, but more importantly to sow the seeds for long-run economic growth and global competitiveness. more

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