Gregg Unveils $3.2B Infrastructure Plan
Gregg will make the announcement in Indianapolis
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Democratic candidate for governor has unveiled his proposal to fix Indiana’s infrastructure needs. John Gregg says the plan calls for $3.2 billion over the next 10 years without raising taxes.
Gregg says the plan addresses the short- and long-term needs by re-purposing existing state funds to go toward Indiana’s roads, airports, railroads and ports. He says that will generate nearly 55,000 jobs in the state.
"This plan represents a long-term intermodal infrastructure strategy for Indiana," said Gregg. "We have so many opportunities that we are missing. While interest rates are so low, let’s utilize some of the existing dollars the state has squirreled away to not only repair roads and bridges, but to make strategic investments that will spur business growth and improve the quality of life in communities statewide."
The plan includes spending $200 million to establish the Hoosier State Infrastructure Bank, which would act as a revolving loan fund to support local projects. It also calls for the establishment of an infrastructure roundtable with private sector experts to research state and local needs, an open and searchable infrastructure database and increasing intermodal opportunities.
"Neglecting our infrastructure for so long has not only hurt Hoosier families that have had to foot the bill for expensive vehicle repairs, it has impacted our businesses and made Indiana a less desirable and efficient place to grow and create jobs," said Hale. "We can turn that around, but it’s going to take new leadership, new priorities and a willingness to work across the aisle."
Gregg and Hale are also calling for $16 billion to be spent over the next 20 years to fix the state’s water infrastructure. The campaign says it will outline a more detailed strategy later this summer.