Why Were Infrastructure Improvements Not Paid For By The Last Stimulus? [Reader Post]
President Barack Obama wants to improve infrastructure. His $447 billion “jobs bill” has in it $50 billion for infrastructure repair/improvement, and $10 billion to start a National Infrastructure Bank. So the questions are, Why were infrastructure improvements not paid for by the last stimulus? What happened to the money for infrastructure in his $787 billion stimulus bill? To answer these questions, let’s examine both stimulus bills, stimulus spending, and infrastructure spending.