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OSU's Jane Lubchenco, a former NOAA administrator, told the Washington Post, "The federal dollars leverage a lot of additional financial resources," and that cutting Sea Grant would harm states, many of which, as the Post noted, supported Trump in the general election.
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"They were prepared to borrow millions of dollars and leverage the city to do it," he told me.
The president's plan would include the creation of an infrastructure bank that would use public dollars to leverage private capital for major projects.
There was every reason to use those enormous amounts of public dollars to leverage private capital, as well, for investment in projects and research that the country desperately needs and that would provide enormous benefits for many decades.
In addition to expediting the federal environmental studies, there's also a role for federal dollars to leverage state investments.
RIF uses the federal dollars to leverage an additional 25percentt in funding from local communities where it has programs.
Race to the Top, with its federal dollars as leverage, has wrought untold misery on schools across the country.
A Brown administration spokeswoman didn't directly address questions about the use of existing climate change dollars as leverage to extend the program.
Pershing highlighted America's strength in the private sector, and the promise of green bonds for infrastructure and resilience, using public sector dollars to leverage private sector activity.
And I want to thank the Chamber for pushing Congress to make more infrastructure investments, and to do so in the most cost-effective way possible: with tax dollars that leverage private capital, and with projects determined not by politics, but by what's best for our economy.
He insists additional public money shouldn't be spent on it or that each public dollar must leverage many times more private dollars.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com