Populist Caucus Members Urge Obama to Include Infrastructure Bank in Job Creation Plan
Washington, DC - Today, Congressman Bruce Braley (D-Iowa) called on President Obama to invest in our nation's infrastructure by developing a National Infrastructure Bank. In a letter to the President, Rep. Braley urged the President to include the development of an Infrastructure Bank as part of his job creation plan he will be unveiling next week. Four other members of the Populist Caucus signed the letter to the President. The Populist Caucus has been advocating for the development of a National Infrastructure Bank for over a year and a half. In February 2010, the Caucus endorsed legislation introduced by Vice Chair Rosa DeLauro to create a National Infrastructure Bank.
"A National Infrastructure Bank would create jobs and improve our country's aging infrastructure" said Rep. Braley. "This plan would leverage both public and private dollars to improve our roads, bridges, tunnels and watersystems, creating jobs all across the country. The plan also has a diverse coalition of support that includes both the business and labor communities. It makes sense for the President to include this public-private partnership as part of his job creation plan."
A copy of the letter, which was signed by Rep. Rosa DeLauro, Rep. John Yarmuth, Rep. Mazie Hirono and Rep. Peter Welch, is pasted below and available here: http://go.usa.gov/0YF
