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A national investment fund may be a solution to potential waste, fraud and abuse in recovery from the pandemic and could apply to a number of problems the federal government will face in the next decade.

  • Harlan Ullman, Chair at the Killowen Group who is proposing the national investment fund, said the American Jobs Plan for infrastructure and the economy does not include a strategy for how to administer, execute and oversee the plan, which could lead to waste, fraud and abuse.
  • Ullman said a national investment fund would equip the United States for the information age and separate regular infrastructure investments from larger, non-traditional infrastructure investments through a public-private partnership.
  • Ullman said he would like to find a proponent for this fund because the current plan may not make it through without accounting for the oversight piece.
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