Testimony at Hearings on LDs 225, 409, 777 and 877: Bond Issue Proposals

With more than 100,000 Mainers unemployed or underemployed, we must, as a State, do whatever we responsibly can to help create jobs. Bonds will help create jobs in the short- and long-term. Mark Zandi of Moody’s Analytics has estimated that every dollar spent on infrastructure generates $1.44 of economic output. Another analysis suggests that every $1 million Maine invests in infrastructure improvements creates 15.3 jobs.


Dan Coyne, MECEP legislative director, speaking before the legislature’s Appropriations and Financial Affairs committee in favor of a comprehensive bond package.