A Union Plan for Financing Construction
The A.F.L.-C.I.O. proposed to give access to premium reserve capital up to $10 billion in order to help create jobs in the construction industry, their latest talks being with commercial firms such as Deutsche Bank. Part of their goal is to create jobs to re-model old buildings as well as to provide more technical skills to new and existing construction workers. While most Democrats and unions support the proposal, Republicans are weary of further government spending through issuing of federal bonds.
See "A Union Plan for Financing Construction", Steven Greenhouse, The New York Times, June 28, 2011