5/24/2013

Rep. John Delaney, D-Md., has introduced the Partnership to Build America Act, legislation that "would create a $50 billion infrastructure fund by encouraging global corporations based in the U.S. to purchase bonds." The infrastructure projects funded would be public-private partnerships. Corporations that buy the bonds could repatriate that same amount of funds currently offshore and pay no taxes. "[T]his bill represents a truly outside-the-box solution that will generate results and address our nation's crumbling infrastructure," said Andrew Flach, press secretary for Rep. Rodney Davis, R-Ill.

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