Washington, D.C. – Bipartisan Policy Center Fellow Sarah Kline today released the following statement in response to reports the incoming Trump administration may consider implementing an infrastructure bank:
“It is encouraging to see the growing momentum on both sides of the aisle for federal action to address the nation’s infrastructure needs. Whether the mechanism is a new infrastructure bank or an expansion of existing programs, private capital needs to be part of the solution. It is undeniable, though, that the United States needs a stronger framework to absorb a large influx of private capital.
“The Bipartisan Policy Center’s Executive Council on Infrastructure has crafted a comprehensive plan to modernize the way infrastructure projects are developed and create an environment that welcomes private capital rather than pushing it away. We recognize that additional private capital does not obviate the need for robust, stable, and long-term public infrastructure funding. Private capital can’t do it all—but it can certainly do more than it is doing today.”
BPC Fellow Sarah Kline is available for interviews.
KEYWORDS: EXECUTIVE COUNCIL ON INFRASTRUCTURE