Bernie Sanders releases a blistering report on Donald Trumps infrastructure package
Updated by Jeff Stein Jun 7, 2017, 11:00am EDT
Excerpts:
In 2008, the city of Chicago sold the rights to its parking meters to Morgan Stanley for more than $1 billion. Over the next four years, the citys parking rates skyrocketed by 800 percent.
In 2011, Virginia entered a 58-year contract with a private company to manage the tolls of the city of Norfolks midtown tunnel. The private operator jacked up tolls with a pricing scheme that gave low-income drivers bills as high as $18,000.
These stories are highlighted in a new report from Sen. Bernie Sanders (I-VT), set to be released later on Wednesday, intended to warn of the dangers of President Donald Trumps proposed infrastructure plan.
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Trump announced on Monday that it was "infrastructure week," and is set to deliver an infrastructure speech on Wednesday afternoon in Cincinnati. On Thursday, he will meet with mayors and governors at the White House to discuss an infrastructure overhaul.
But his infrastructure plan may not go anywhere. On Capitol Hill, there are no signs that his ambitions for an infrastructure package will fare any better than his tax reform push or his health care plans. Trump started "infrastructure week" without so much as a bill, or any reported reassurance that Congress has the appetite or means to take up a major infrastructure overhaul amid its busy schedule.
Sanderss latest report is an attempt to nip Trumps infrastructure package in the bud. You can read it in full here...
https://www.vox.com/policy-and-politics/2017/6/7/15753520/bernie-sanders-trump-infrastructure