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Use the allure of new jobs and tax revenues to spur infrastructure spending and get a rezoning through a recalcitrant city council.
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Which means: get banks to lend money, and spur infrastructure recovery.
The claim that deregulation will spur infrastructure investment rings hollow — it is hardly a proven correlation.
Lawmakers are also doubtful that such a small federal investment will be sufficient to spur an infrastructure spending boom.
They have spurred infrastructure development and helped diversify Mozambique's exports away from agriculture.
Wireless spectrum swamped by broadband multimedia spurs infrastructure.
WASHINGTON — President Trump on Monday will propose offering $100 billion in federal incentives to encourage cities and states to invest in road, bridge and other building projects, the centerpiece of a plan to spur $1.5 trillion in infrastructure spending over the next decade without devoting significant federal money.
President Obama has asked Congress for $50 billion in new infrastructure spending to spur economic growth.
While Congressional Republicans ultimately agreed to extend the tax cuts for individuals and businesses that were part of that plan, they blocked major parts, including infrastructure spending to spur hiring, especially of construction workers, and state aid to avoid further layoffs of teachers and first-responders.
The House bill has other good provisions, including programs to spur small business lending and increase infrastructure spending.
The idea is to attract more infrastructure investment from the private sector: by creating an infrastructure bank with $10 billion now, they say, they could spur up to $640 billion worth of infrastructure spending over the next decade.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com