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Congressman pushing for infrastructure funding

July 3rd, 2015 by WCBC Radio

 

According to a new poll conducted for Morning Consult 64% of registered voters think using overseas profits to build and maintain the nation’s highways is a good idea, including 70% of Democrats, 62% of Independents and 60% of Republicans. Since 2013 Congressman John K. Delaney (MD-6) has advocated for using repatriated revenues for new infrastructure projects, an innovative bipartisan solution that has secured support from both parties. Delaney’s Infrastructure 2.0 Act establishes an 8.75% tax on overseas profits, allowing that money to return back to our economy and providing revenues to fund a six year highway bill and create a new American Infrastructure Fund. Following the introduction of Delaney’s bill, President Obama included this framework in his 2016 budget.

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