Sen. Claire McCaskill said she and Sen. Roy Blunt are working on ways to increase funding to improve Missouri’s deteriorating roads and bridges, including legislation that could potentially provide billions of dollars in loans and loan guarantees to improve infrastructure without federal tax money.
The first piece of legislation is the Building and Renewing Infrastructure for Development and Growth in Employment Act, or BRIDGE Act. The other legislation is the Partnership to Build America Act. McCaskill said this act is a bipartisan effort to think outside the box and address some problems.
McCaskill said the Partnership to Build America Act would create a nationwide $50 billion bond fund that could be leveraged up to $750 billion.