Build America Bonds—BABs—have become one of the biggest success stories of last year’s American Recovery and Reinvestment Act. Under the BABs program states and localities have financed nearly $80 billion of new investment in schools, roads, water and sewer systems and other key public infrastructure resulting in thousands of new jobs. The cost to the federal government is a fraction of the total amount invested.
Come to this special event to hear from federal, state and local officials and market participants on why BABs have become such a successful example of intergovernmental partnership and how extending the program past its 2010 expiration can promote capital investment and create jobs.
The program will last from 2:00 pm to 5:00 pm and will be followed by a reception.
Program now available, Click here.