This legislation calls for a $5 trillion National Infrastructure Bank that will finance the nation’s infrastructure needs without involving the budget or adding to the national debt.

Last month, Illinois Congressman Danny K. Davis (D-IL) announced his introduction of a new National Infrastructure Bank (NIB) bill, H.R.4052. As I reported previously in my article entitled, National Infrastructure Bank…And The State Of Washington, this far-reaching piece of legislation has been in the mill for several years. 

Readers of this article in Washington State will be pleased to note that at a state level the legislature has officially indicated its support for the National Infrastructure Bank by passing Senate Joint Memorial 8001, essentially a petition “Request(ing) that Congress pass and the President of the United States sign the National Infrastructure Bank Act or similar legislation.” 

There are efforts to replicate this sort of petition in all states and even down to the municipal and county level where localities can benefit from the NIB for their own infrastructure projects at much lower costs. 

This from Congressman Davis:

“…similar [to the state of Washington] resolutions have recently been filed in the Alabama, Pennsylvania, and Ohio legislatures. Sign-On Letters to Congress are circulating in New York, North Carolina, and Alaska legislatures. More county councils in New York and elsewhere are doing the same. New resolutions were just introduced into the Council of State Governments West and the National Conference of State Legislatures. The impact has not been lost on Congress.”

You can find out about your state's support of the NIB at this page. Also at that page are links to endorsements by cities, counties, and labor unions across the country. On the NIB site is a sample support resolution for use by your local or state government or your organization. A sample text can be edited to suit local needs/viewpoints. 

Last but not least, you can help move this legislation along by contacting your representative in Congress. Cite the bill number and name: H.R.4052 - National Infrastructure Bank Act of 2023. Add a few sentences to indicate the reason you support the NIB. You can borrow supporting language from this article or the NIB website. This web page will help you navigate to the office of your congressional representative: Find Your Representative .       

(“Renewed Push for a National Infrastructure Bank” is the title of an article published in the Northwest Citizen by Dick Conoboy on July 28, 2023. Excerpts above.)

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