Funding Infrastructure — with Less Debt
January 26, 2017
ELLEN BROWN, author of Web of Debt, proposes an economical way to finance Trump’s $1 trillion infrastructure plan.
If the Trump $1 trillion infrastructure plan were funded at 2% over 10 years, the interest tab would come to only $200 billion, nearly $1 trillion less than the $1.18 trillion expected by private equity investors. Not only could residents save $1 trillion over 10 years on tolls and fees, but they could save on taxes, since the interest would return to the government, which owned the bank. In effect, the loans would be nearly interest-free to the government.
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