Saturday, June 16, 2018

Bill would improve infrastructure in poor neighborhoods

There is a bipartisan bill coming that will help poor communities infrastructure.
To me I see it as just one of those things they make but no one goes to it they
are just too broke walking with no car. Or does not have AC then they
won't go to it. Many like I have lived with no AC on. Can't afford to use it, being
many in Europe don't use AC so it was ok saving money!

You can make it but can they afford it? Not so with no wage growth!
http://money.cnn.com/2018/06/13/news/economy/wage-growth-workers/index.html

~~~~~A bipartisan group of lawmakers introduced a bill on Tuesday that aims to rebuild infrastructure in poor communities while reducing the national debt.

Introduced by Reps. Mike Kelly, R-Pa., William Lacy Clay Jr., D-Mo., and Ted Budd, R-N.C., the Generating American Income and Infrastructure Act would require the Agriculture Department to sell distressed assets on the open market and the Treasury to use the proceeds to fund infrastructure projects in communities below the national poverty line.

The goal of the bill is to improve the communities' economic viability.

"Even in this time of historically strong economic growth, some of our country's poorest communities are still waiting for significant infrastructure improvements," Kelly said in a statement.

The bill is designed to improve poor economic conditions in urban black and Latino neighborhoods, as well as rural white neighborhoods.

"This innovative, bipartisan bill offers a creative way to help our poorest neighborhoods gain employment and critical investments in long-delayed infrastructure projects," Clay said. "It is also fiscally responsible by taking distressed USDA assets and putting them to work to close the deep disparities that have deprived many urban areas of the vital infrastructure dollars needed to attract new jobs, new businesses and future growth."
https://www.upi.com/Top_News/US/2018/06/14/Bipartisan-bill-would-improve-infrastructure-in-poor-neighborhoods/4231529032862