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Editorial Board Blog

Obama on a national infrastructure bank

September 7, 2010


“It will change the way Washington spends your tax dollars, reforming the haphazard and patchwork way we fund and maintain our infrastructure to focus less on wasteful earmarks and outdated formulas and more on competition and innovation that gives us the best bang for the buck.”

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-- President Obama, speaking about a proposal for a public-private investment bank to fund highways, rails, and airports.

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