Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/54287
Authors: 
Levy, S. Jay
Cadette, Walter M.
Year of Publication: 
1998
Series/Report no.: 
Public policy brief // Jerome Levy Economics Institute of Bard College 40
Abstract: 
Condemned bridges, dilapidated school buildings, contaminated water supplies, and other infrastructure shortcomings threaten American growth, productivity, and prosperity. The authors of this brief propose a plan for financing infrastructure projects that is designed to have minimal effect on the federal budget and to promote sound fiscal operation. Federal zero-interest mortgage loans to state and local governments for capital projects specified by Congress can cut the cost of such projects, achieve needed improvements in the nation's infrastructure, and thereby contribute to the American economy's future.
ISBN: 
0941276473
Document Type: 
Research Report

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