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A New Day for Infrastructure


With Donald Trump’s historic election win, much attention is focused on his promise to “rebuild our nation’s infrastructure.” The president-elect proposes a plan to invest $1 trillion over a 10-year period on highways, bridges, tunnels, airports, schools and hospitals among other things. But rather than a massive, New Deal-style endeavor, Trump envisions the building would come primarily from private sources, not the government. Washington’s role would be to support the investments with tax credits or get paid back by borrowers from revenue generated by user fees.

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