Jul 5, 2017.
State and local governments struggle with the high cost of building and maintaining infrastructure. Roads and bridges across the country are crumbling as a result.
When governments use public banks to fund infrastructure, they can cut their costs in half (because they won’t be paying fees and interest to Wall Street.)
In their 2017 infrastructure report card, the American Society of Civil Engineers (ASCE) gave the United States a dismal D+ — and for good reason. To learn more about funding infrastructure with public banking, read A Better Way to Fund Infrastructure on BillMoyers.com—a long-time support of public banking.
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