Campaign Update
Bloomberg Proposes $1 Trillion Public Works Plan
Michael Bloomberg is pledging to repair 240,000 miles of U.S. roads and 16,000 bridges by 2025 as part of a comprehensive public works plan that would send more than $1 trillion to state and local governments over a decade.
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Michael Bloomberg is pledging to repair 240,000 miles of U.S. roads and 16,000 bridges by 2025 as part of a comprehensive public works plan that would send more than $1 trillion to state and local governments over a decade.
Previous efforts to enact sweeping federal infrastructure plans have languished without a consensus on how to pay for them, and Bloomberg isn’t saying yet how he’ll finance his proposals. Those details will be part of his forthcoming tax plan, the campaign said.