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Panel sends resolution urging Congress to create $5 trillion National Infrastructure Bank after close 14–12 vote
Summary
The committee reported House Resolution 173, which urges Congress to establish a National Infrastructure Bank capitalized at $5 trillion; the measure passed the committee by a 14–12 roll call after members debated the size of national debt and the merits of large‑scale borrowing for infrastructure.
The House Local Government Committee reported House Resolution 173 by a roll‑call vote of 14–12. The resolution urges the U.S. Congress to establish a National Infrastructure Bank to finance major infrastructure projects nationwide, modeled on prior national banks.
Representative Joe Cerisi, the resolution’s sponsor,…
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