tag:blogger.com,1999:blog-17206839.post5355642900254496441..comments2023-09-09T09:26:22.175-04:00Comments on Andrew Samwick's Blog: Hillary Clinton's Infrastructure PlanAndrewhttp://www.blogger.com/profile/13514024573333057559noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-17206839.post-50141724342544406482015-12-03T01:26:43.537-05:002015-12-03T01:26:43.537-05:00Bernie Sanders is proposing a $1 trillion infrastr...Bernie Sanders is proposing a $1 trillion infrastructure plan over five years.<br /><br />http://www.budget.senate.gov/democratic/public/index.cfm/2015/1/investing-in-infrastructure-will-support-13-million-jobs<br /><br />Bernie Sanders campaign cited a Joint Committee on Taxation estimate for Sanders’s Corporate Tax Dodging Prevention Act, which would raise more than $113 billion over the next decade, as well as an $900 billion estimate in the tax lawyer’s letter for the cost of the “tax expenditure” that allows U.S. corporations to defer paying U.S. tax on their foreign earnings until that income is repatriated.<br /><br />http://www.scribd.com/doc/289668329/JCT-Partial-Revenue-Estimate-Corporate-Tax-Dodging-Prevention-Act-3<br /><br />Bernie's plan will create as many as 13 million jobs. This number is derived from a White House Council of Economic Advisers estimate that every $1 billion in federal highway and transit investment would support 13,000 jobs for one year.<br /><br />http://www.fhwa.dot.gov/policy/otps/pubs/impacts/<br /><br />The Washington Post: "Bernie Sanders can make a credible case that he can fund his $1 trillion infrastructure program over a 10 year period by taxing the profits of U.S. corporations now held in low-tax tax havens — and that such a spending plan could result in 13 million jobs."<br /><br />https://www.washingtonpost.com/news/fact-checker/wp/2015/11/16/bernie-sanderss-claims-about-his-1-trillion-infrastructure-plan/Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-17206839.post-44070262787640157982015-12-02T19:40:31.771-05:002015-12-02T19:40:31.771-05:00as a liberal, I'm torn
on the one hand, I'...as a liberal, I'm torn<br />on the one hand, I'm told by the economists that infrastructure is a good way to spend money, and a good way to create jobs<br /><br />on the other hand, as an environmentalist, I suspect that infrastructure spending is dog whistle for more asphalt and gas guzzling SUVs<br /><br />I come down on the green side: I'm going to urge my congressional delegation to vote no on any plan that, in the transit sector, is not 70% mass transit, and in the energy sector, not 70% something that looks like renewable green energySoccer Dadhttps://www.blogger.com/profile/10745967553131454562noreply@blogger.comtag:blogger.com,1999:blog-17206839.post-46682637866063487852015-12-02T08:00:41.688-05:002015-12-02T08:00:41.688-05:00Very good points.
You are right that the Clinton p...Very good points.<br />You are right that the Clinton proposal is too small, but media and politicians are treating it as a bank buster. :(<br />She is also proposing an infrastructure bank, so maybe that good idea will catch on.bakhohttps://www.blogger.com/profile/16472764185459425186noreply@blogger.com