Language in the General Accounting Office report states, I believe, that a capital budget helps narrowly focus on infrastructure needs and the funding and establishment of those needs, and addresses it in a much better fashion than is presently the case.
Discussing the benefits of a capital budget for infrastructure needs.
Share
More from Earl Pomeroy
The thing that really gets me about all the work we've done is we have another lake rise of 2-3 feet bringing a new host of problems that only get more difficult.
I believe that when it is a securitized issue spread around with no remote concept of insurable interest, you raise profound questions about whether or not this tax incentive ought to apply anymore.
Other voices in this conversation
