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PUBLIC TESTIMONY

Testimony by Alphecca Muttardy, Macroeconomist from Coalition for a National Infrastructure Bank

0:18:23

·

74 sec

Alphecca Muttardy, a macroeconomist from the Coalition for a National Infrastructure Bank, testified in support of Resolution 11, which calls on Congress to pass HR 4052, the National Infrastructure Bank Act. She emphasized the potential for significant funding for New York state and city infrastructure projects.

  • The proposed legislation could bring up to $322 billion over 10 years to New York for various infrastructure projects.
  • Several US Congress members from New York have already signed onto the bill.
  • Muttardy urged the finance committee to pass the resolution to garner more support for the legislation in the next Congress.
Alphecca Muttardy
0:18:23
Thank you very much, mister chairman.
0:18:25
My name is Altheca Mutardee.
0:18:27
I'm a macroeconomist with the Coalition For A National Infrastructure Bank.
0:18:32
I support resolution number 11 asking members of congress to pass, their bill, HR 4052, because this legislation will bring up to $322,000,000,000 over 10 years in new financing to the state of New York and to New York City to pay to finance affordable housing, transit, lead free water, the power grid, and many more other projects.
0:19:01
Congress members, US Congress members already signed onto this bill include, Adriano Espelotte, Daniel Goldman, Jerrold Nadler, Alexandria Ocasio Cortez, Patrick Ryan, Thomas Suozzi, Paul Tonko, Richie Torres, and Nadia Velasquez.
0:19:23
We want to bring on more members of Congress, as this legislation is reintroduced into the next congress, and, your resolution will give much more support for that.
0:19:33
So I urge the finance committee to pass this resolution.
0:19:36
Thank you.
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