House readies $1.5T 'infrastructure' plan including education, broadband, housing
The House is preparing to merge several typically unrelated bills into one massive "infrastructure" package, doling out more than $1.5 trillion for everything from roads to education, housing, clean water, broadband and more.
Speaking with reporters Thursday, Speaker Nancy Pelosi gathered the heads of some of the largest House committees to discuss their pieces of the legislation, which she called "Moving America Forward." She said she intends for the legislation, which contains a significant focus on green initiatives and climate resiliency, to pass the House before the July 4th recess.
It's unclear, however, how — if at all — the bill will be paid for. House Ways and Means Chair Richard Neal (D-Mass.) implied that it would lean on bonding and deficit spending, at one point calling out President Donald Trump's own call for a $2 trillion infrastructure investment.
"We propose Build America bonds, private activity bonds," said Neal. "The president, as you know, has said $2 trillion of borrowed money — he staked out that position. We’re open to some discussions, negotiations. We think that by putting out our plan here, [there's] time to have the conversation, time to negotiate."
https://www.msn.com/en-us/news/politics/house-readies-dollar15t-infrastructure-plan-including-education-broadband-housing/ar-BB15G9Lm?li=BBnb7Kz
This is what we should be doing instead of handouts to mega-corporations.