Now, with the Trump administration’s proposal in hand, both sides should commit to seeing a bipartisan solution become reality.
A proper plan must invest in water and promote innovation.
America’s infrastructure—roads, water systems, ports, airports, broadband, and energy grids—is falling behind. We need a new approach, one that will deliver high-quality, resilient infrastructure that will last long into the future.
At long last, the Trump administration has released its proposal for an infrastructure package.
BPC’s Executive Council on Infrastructure welcomes the release of President Trump’s Outline for Rebuilding Infrastructure in America as a catalyst for bipartisan, bicameral action.
In recent years, finding ways to fast-track the process of issuing federal project approvals has been a bipartisan objective.
Most infrastructure in the United States is financed by private investors. The most common financing mechanism is tax-exempt debt issued by states, cities, counties, and other public authorities. This form of private investment in infrastructure remains a vital part of solving America’s infrastructure challenge.
What’s needed is a wholesale change.
While public-private partnerships (P3s) are widely used internationally, several existing barriers have limited their use in the United States.
The Department of Transportation building in Washington, D.C. is an example of how reassesses OMB budget rules may help to address the nation’s infrastructure funding gap.