At the moment, we're all salivating at the prospect of another stimulus check. I'm using mine to buy a bidet. But what we really need is a federal bill that addresses our crumbling infrastructure. That was something Donald Trump promised to do four years ago, but it never happened. Our roads and bridges are following apart, to say nothing of our power grid. President Biden is expected to propose a $2 trillion infrastructure package later this month. It's inadequate. We needed at least $4.6 trillion, just for roads and bridges, back in 2017.
As noted in Governing, however, the best way to finance is by insisting on a 25-30% match from local and state government. Without that, it becomes an invitation for government waste,.