In terms of funding, one thing that gets missed in the discussion is that infrastructure spending has been shown to be a great investment. The return on investment is $1.5-$3 for every dollar spent. #twittercongress
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Replying to @DrChristineMann @TiffanyBond
So even if we used deficit spending, it will pay off. Think of it like you owned a business. If you knew you'd have to spend $1000 on your credit account, but got back $1500-$3000, you'd do it.
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Replying to @DrChristineMann @TiffanyBond
I think we should create a federal infrastructure bank that states could draw out of to fund the projects they felt were best for their needs.
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Replying to @DrChristineMann @TiffanyBond
The framework for this already exists: https://www.fhwa.dot.gov/ipd/finance/tools_programs/federal_credit_assistance/sibs/ …
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Replying to @DrChristineMann @TiffanyBond
So I'm going to hand this over to the next participant now. If you'd like to see my ideas put into place, you can follow me and donate here: https://secure.actblue.com/entities/49890/dashboard …
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Replying to @DrChristineMann
@tiffanybond#twittercongress Thanks Christine! I really appreciate your insight. Next we'll head over to@watts4congress, Ryan - the floor is yours...1 reply 6 retweets 9 likes -
Replying to @TiffanyBond
.@DrMann4Congress, I’d like to be the first to second many of your ideas. The Army Corps is Engineers ranks our infrastructure at a D- level.
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Replying to @watts4congress @TiffanyBond
Each state’s Congressional delegation, alongside state and local leaders, should develop a prioritized list of projects. States should be allocated money based on individual infrastructure ranking and proportion of population
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Replying to @watts4congress @TiffanyBond
This being said I live in Maine on the NH We have had two major bridges that connect us to New Hampshire. The funding issues from what I understand have been difficult. Maine has had more reserves and more to offer than nh. We I believe paid more than our fair share
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How will multi state projects be divided on a federal basis
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It depends on how we decide to fund the projects. One of the reasons that I like an infrastructure bank funded by the federal government is that funds could be drawn as needed by each state for their portion of a multi-state project.
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