The Benefits Of Personal Financing For Public Works

When Congress begins considering an infrastructure plan, members should seriously explore President Trump’s idea of using private financing as a catalyst.
Critics of partnerships have one fact right: Private financing can never fully replace the need for federal and state funding.
Almost 80 percent of the $8 billion design and construction costs will be paid for by private financing and existing passenger fees.
The regional authority purchased the rest of the project for significantly less than the private partner’s construction cost.
In Merced, Calif., the University of California system is doubling the size of its campus — which mostly serves rural students — with a $1 billion public-private project.

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