Okay then. Senator Dodd answered my curious questions about the reality of the Homeland Security Infrastructure Reinvestment Bank via Reuters UK:
WASHINGTON, Feb 9 (Reuters) – The United States Senate could pass a bill to found a national infrastructure bank in the next 12 months, said Democrat Chris Dodd, who chairs the Banking Committee, on Monday.
"President Obama co-sponsored our infrastructure bank legislation as a senator and endorsed the idea during his campaign. So, I’m hopeful to see action on the bill this year," Dodd said.
For more than a year bills to create a bank that would fund roads and capital works projects with a combination of seed money from the federal government and bond financing have sat in both houses of the U.S. Congress.
The idea has recently fallen to the shadows as Americans turn their attention to boosting infrastructure in the economic recovery bill the Senate will likely vote on Tuesday. But the Connecticut Senator said the bank, which would have an independent board to decide which projects receive backing, was still a viable idea.”