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The last thing America needs is a $1.2 trillion Washington infrastructure boondoggle, festooned with pork, waste and the usurpation of virtually every other institution’s proper function. That is, capital expenditures that properly are the business of the private sector, utilities, train passengers, airport users, motorists, state and local taxpayers and everyone else except the Federal government. For instance, the bill contains $77 billion for renewing the electric power grid, including thousands of miles of new high efficiency transmission lines. But why can’t utilities and their rate payers handle those investments rather than future taxpayers who will have to service the … Continue reading → ....

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