America faces a growing infrastructure funding gap. The reality is that government alone can’t fully fund all of the roads, bridges, and other critical infrastructure that our economy needs—let alone upgrade our airports, shipping hubs and water sanitation systems to meet the challenges of the 21st century.
Despite bipartisan efforts in Congress, there is no path in sight to meet our current or future infrastructure needs. Although there is plenty of private capital available, investors are not yet putting all of that money to work. What are the barriers keeping private capital on the sidelines? What can our business and political leaders do to help overcome these obstacles – and encourage the type of infrastructure investment we need to promote economic growth?
The Bipartisan Policy Center launched the Executive Council on Infrastructure, a group of business leaders committed to exploring ways to encourage private investment in our nation’s critical infrastructure. The council includes CEOs and other executives from McGraw Hill Financial, American Water, the California State Teachers’ Retirement System (CalSTRS), FedEx Freight, KPMG LLP, Meridiam, Siebert Brandford Shank & Co. and Xylem Inc.
Senator Michael Bennet (D-CO)
President & CEO, McGraw Hill Financial
President & CEO, Xylem Inc.
President & CEO, Siebert Brandford Shank & Co., LLC