The Alabama Senate’s Democratic Caucus wants to take $1 billion from a state savings account and use it to build roads in Alabama. The Caucus unveiled a legislative agenda early in the session that includes a proposed constitutional amendment for road construction. The sponsor, Senator Lowell Barron, says the proposal would remove $100 million each year for 10 years from the Alabama Trust Fund. Under the legislation, the money for road work would not be repaid. I agree with Senator Barron that the highway spending will stimulate economic growth.
The Senate Democratic Caucus is also proposing more protection for homeowners. One bill would license loan originators. Another would require mortgage companies to give homeowners more notice before foreclosing on a loan. While these bills are a start, much more in this area of concern is needed. The Democrats in the legislature, who have majorities in both the House and Senate, must take the lead in passing constructive legislation in this session.
Source: Associated Press
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