28.01.2009 - USC Keston Institute proposes a solution to the funding shortage for America
In a report, titled “Not the Macquarie Model: Using U.S. Sovereign Wealth to Renew America’s Civil Infrastructure,” Institute director Richard Little suggests using a combination of public and institutional pension funds and individual retirement accounts together with Social Security Trust Funds, to fund revenue-backed public works projects. The full report, commissioned by America 2050, a national initiative to meet the infrastructure, economic development, and environmental challenges the nation will face by the year 2050, is available at http://www.america2050.org/2009/01/not-the-macquarie-model-using-us-sovereign-wealth-to-renew-americas-civil-infrastructure.html. .... Full Press Release: Source
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