GAO Eyes New Entities To Fund $600B In Water System Fixes

Law360, New York (March 15, 2013, 3:39 PM EDT) -- The U.S. Government Accountability Office on Wednesday said a range of options, including a new national bank to back infrastructure projects, should be considered to funnel more money into badly needed drinking water and wastewater improvements that the Environmental Protection Agency has said could cost more than $600 billion.

In its report the GAO focused on three proposals — a clean water trust fund, a national infrastructure bank and public-private partnerships — to open access to municipalities and utilities and help lighten the demand on the...
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