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U.S. Chamber to unveil proposals to fund infrastructure improvements

U.S. Chamber to unveil proposals to fund infrastructure improvements

Donohue describes sense of urgency in getting package through Congress.

DC Velocity
By DC Velocity Staff

The U.S. Chamber of Commerce will unveil a series of detailed proposals on how to pay for improvements to the nation's infrastructure next Thursday when it holds a one-day conference on the issue in Washington, D.C., Chamber President and CEO Thomas J. Donohue said today.

Donohue, in his annual "State of the American Business" address in Washington, did not outline the group's proposals. The Chamber--which, with about 3 million members, is the nation's largest business group—includes transportation, water, broadband, and energy under its infrastructure policy mandate.

Donohue said in his remarks that 2018 "must be the year of major infrastructure improvement," adding that the U.S. cannot run a 21st century economy with "20th century infrastructure, if that."

Since the start of the year, President Trump has turned his attention to developing a sweeping measure to modernize the nation's infrastructure, which in many segments, such as the nation's water supply, is more than a century old. The initial proposal calls for leveraging $200 billion in federal spending to generate an additional $800 billion in federal, state, and private sector investment... FULL ARTICLE

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