Back
The Wall Street Journal – New York, NY
FEB 2, 2015
In his budget request to Congress on Monday, President Obama asked for $478 billion to be spent on infrastructure over the next six years. The amount of his proposal and its funding sources—particularly a $238 billion tax on the foreign earnings of U.S. corporations—will no doubt be fought over in coming months. But whatever plan Congress passes should include the administration’s Jan. 16 proposal to expand tax-exempt financing for public-private partnerships.
To download a PDF of this article, click HERE.