Inside Bloomberg's $1 Trillion Infrastructure Plan

He proposes fixing 240,000 miles of roads and 16,000 bridges in disrepair by 2025, spending $850 billion over 10 years on capital projects, and setting up a $1 billion annual “pothole” fund for emergency repairs. He also calls for closing gaps in broadband access, deploying electric-vehicle charging infrastructure on highways across the country.

He advocates setting up a $100 billion “Climate Resilience Finance Corporation” to provide loans and grants to states, cities, and the private sector to harden and expand climate-resilient infrastructure. And he calls to expand high-speed rail, with a pledge to build the nation’s first segment by 2025.

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