CAGTC: Proposed $50B fund is vital for freight infrastructure

05/29/2013 | ProgressiveRailroading.com

The proposed Partnership to Build America Act is an "innovative" plan that would provide $50 billion for the development of U.S. infrastructure, including freight transportation, according to the Coalition for America's Gateways and Trade Corridors. The coalition "recognizes the infrastructure loans and loan guarantees created by the Partnership to Build America Act as an important piece of the total financing package needed to build freight infrastructure projects," said Leslie Blakey, CAGTC executive director.

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