Larson (D-CT) outlines $1 trillion infrastructure plan
Standing along the Connecticut River Tuesday, Rep. John Larson announced a $1 trillion infrastructure bill that would fund projects across the country — including his $10 billion proposal to tunnel I-91 and I-84 through Hartford — by taxing carbon emissions.
A $49 per ton tax on carbon, increasingly annually 2 percent above inflation, would generate $1.8 trillion over the next decade, enough to fund $1 trillion in infrastructure improvements with money left over to help affected workers and offer tax rebates to consumers who would see prices increase due to the new carbon tax, Larson said.
Larson expects Congress to take up an infrastructure bill. “How it will be funded is what the debate will be,” he said.
http://www.courant.com/politics/hc-pol-john-larson-infrastructure-plan-20170807-story.html#nws=true
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