The announced goal of the Biden’s administration newly released plan to spend over $2.3 trillion to improve America’s aging physical infrastructure seems laudable. However, upon closer inspection, many of the assorted activities included in the proposed legislation will go to projects not defined as infrastructure. “Less than 6% of this massive proposal goes to roads and bridges," according to Senator Mitch McConnell (R-KY). Worse yet, the proposal sharply increases corporate taxes to cover the plan’s massive cost while ruling out higher fuel taxes or mileage-based user fees. It abandons the “user pays/user benefits” principle that has supported U.S. infrastructure for decades.
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