Obama’s Blockbuster Infrastructure Proposal: $478 Billion

President Barack Obama’s just-released $4 trillion budget includes a proposal for a six-year, $478-billion plan to invest in the nation’s infrastructure. The proposal also answers the main objection of critics who demand to know how it will be paid for: by closing a tax loophole that allows U.S. firms to avoid paying taxes on overseas profits, according to the White…

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