The Building and Renewing Infrastructure for Development and Growth in Employment Act, or BRIDGE Act for short, revives the concept of a national infrastructure bank. It's been filed by Sens. Mark Warner, D-Va., and Roy Blunt, R-Mo., and if passed, would develop an "infrastructure financing authority" that would receive initial funding of $10 billion, which could be used as leverage to attract private sector investments and make possible as much as $300 billion in total project investment, according to Warner's office.

Related Summaries