National and Minnesota Report
Since the Senator Tina Smith (D-MN) has experience with Capital Bonding as Lt Governor, she should propose through legislation the formation of a Federal Capital Budget. This is an idea Speaker Nancy Pelosi (D-09, CA) has previously discussed. As did we. Trump Following a Good Idea From Pelosi
If we did so, the ability to pay for infrastructure would be far easier and not as onerous a proposition. Yes, tax increases on the wealthy should remain to address the fiscal hole Republicans created, but this idea would resolve the questions on how the $6.4 trillion is financed. Involvement in the Bond Market would create a strong public/private partnership.
We hope Senator Smith is listening.