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When you give money to states. They will disperse funds as they wish. Stimulus money, here in NC, was spread out over road projects. The widening of I-85 a perfect example. Yadkin River bridge done, completion of the I-485 interchange and widening, done, the section between MM 57 and Exit 68 expected to be completed in late 2018 early 2019. There are funds in those projects from the stimulus.
Then how-come we have to, for the first time in NC History, pay tolls to drive on the highways? You cite some good successes (no complaints from me on that), but neglect to say that our roads are WAY underfunded, and now are being sold out to private interest because, in fact, NC can't pay for all the infrastructure projects we need.
I live in state (as do you), and see this every day. Not every area is as fortunate as Salsbury. (I-85 in your area is AWESOME. No joke. But there are so many areas in greater need.)
$200 billion added to the federal debt and the rest coming from muni bonds as few states have the cash to pay for any of this after years of Republican tax cutting and Democrat largess. Honestly, do we pay for anything government in this country anymore? If we need to fix our infrastructure and we do, then raise revenues/taxes sufficient to pay for it!
With respect to muni's, the Trump tax bill did a number on their desirability to investors making the proposition of using this funding mechanism more problematic for states as well.
We will see what comes out today but it does sound like a borrowing scheme. This should have been the first step in the Trump administration, these massive projects take time.
Very true, the tax cut changed the desirability of tax free bonds and even so there is an interest cost.
So, all Americans were covered prior to trump taken over?
WOW....maybe back that up with some type of links...
We will all wait for that one....
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