H.R.173

Pennsylvania House Resolution 173 urges Congress to establish a National Infrastructure Bank to address funding gaps in state infrastructure.

Pennsylvania House Resolution 173 urges Congress to establish a National Infrastructure Bank to address significant funding gaps in state infrastructure. The resolution highlights the need for billions in funding for water systems, bridges, transit, and affordable housing. The proposed National Infrastructure Bank would be modeled on historical banks that spurred economic growth and would be financed by existing Treasury debt, avoiding new federal spending or taxes. It is projected to create millions of jobs and grow the federal economy by 5% annually.