In the News
July 1, 2014 (New York Times) — WASHINGTON — President Obama called on congressional Republicans on Tuesday to take quick action to fund infrastructure projects throughout the country, arguing that failing to do so could mean huge layoffs for Americans this year. Read the full story.
June 18, 2014 (Washington Post) — WASHINGTON — Two senators unveiled a bipartisan plan Wednesday to raise federal gasoline and diesel taxes for the first time in more than two decades, pitching the proposal as a solution to Congress’ struggle to pay for highway and transit programs. Read the full story.
May 14, 2014 (Los Angeles Times) — With California’s gas tax unable to keep up with road maintenance needs, one state lawmaker has proposed a study to determine the feasibility of instead taxing motorists based on the number of miles they drive. Read the full story.
January 4, 2014 (New York Times) — At first glance, two recent crises to hit the White House — the revelations about unlawful surveillance and the botched health care rollout — have nothing in common. But each is a reminder of the increasing extent to which government work has been contracted out to private-sector companies. Currently, Washington spends about $500 billion a year on private-sector contracts, more than twice the amount in 2000. Read the full story.
November 26, 2013 (Bloomberg.com) — Companies that build private toll roads are pressing states to assume more financial risk of traffic not meeting expectations, a change that benefits the operators while threatening to increase taxpayer costs. Read the full story.
November 1, 2013 (Governing.com) — The message was clear: America’s infrastructure is struggling, but the private sector can help. “No one wants another bridge to collapse, as did the I-35W Mississippi River Bridge,” testified a Morgan Stanley official. That tragedy, which killed 13 people, underscores the need for expanded new, federally subsidized financing tools, he told Congress. Read the full story.
September 13, 2013 (Washington Post) — At the height of the financial crisis in 2008, the chairman of a major finance company addressed the National Council for Public-Private Partnerships. “Desperate government,” he said, “is our best customer.” Read the full story.