Infrastructure Investment: AState, Local, and Private Responsibility

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h2 class=mb-3 headinga href=http://www.cato.org/publications/tax-budget-bulletin/infrastructure-investment-state-local-private-responsibility

a href=http://www.cato.org/publications/tax-budget-bulletin/infrastructure-investment-state-local-private-responsibility Infrastructure Investment: Anbsp;State, Local, and Private Responsibility /a

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pDespite huge and ongoing budget deficits, some policymakers are proposing to increase federal spending on infrastructure. President Obama on Thursday unveiled anbsp;new federal infrastructure initiative, and he has been campaigning for Congress to pass anbsp;long‐​term highway bill. The president and other leaders believe that more federal spending on roads, rail, and other assets will boost growth and create jobs. Cato scholar a href=https://www.cato.org/people/chris-edwardsChris Edwards/a, however, argues for devolving infrastructure activities to the states and the private sector.

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li“a href=https://www.cato.org/publications/commentary/cut-federal-highway-spendingCut Federal Highway Spending/a,” by Chris Edwards/li

li“a href=https://www.cato.org/publications/commentary/fix-incentives-not-infrastructureFix Incentives, Not Infrastructure/a,” by Randal O’Toole/li

li“a href=https://www.cato.org/publications/tax-budget-bulletin/infrastructure-investment-state-local-private-responsibilityInfrastructure Investment: Anbsp;State, Local, and Private Responsibility/a,” by Chris Edwards/li

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