Wading through ways to get US infrastructure plan on the road
Proposal to use profits returned from overseas gets important supporter in the House of Representatives
Columbus
US PRESIDENT Donald Trump's plan to use corporate profits returned from overseas to help finance nationwide improvements to roads, bridges, airports and other public works picked up an important supporter in the House of Representatives: Bill Shuster.
"The dollars are out there, so we get a piece of that," Mr Shuster, a Pennsylvania Republican who chairs the House Transportation and Infrastructure Committee, said in an interview.
The process of returning corporate profit to the US, known as repatriation, can be one of the sources that helps to generate funding for repairs and new construction, he said.
Mr Trump has proposed spending US$1 trillion during the next decade on US infrastructure and wants to leverage more private sector dollars. Gary Cohn, Mr Trump's chief economic adviser, said on Fox Business television channel on Feb 3 that…
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