National Infrastructure Bank
Feds’ Record on Transport Public-Private Partnerships Prompts Skepticism
When it comes to creative transportation financing in an age of rising red ink, public-private partnerships (PPPs) are one of the most popular ideas on the table in Washington. Rail planners in Denver and Dallas are exploring the strategy to speed progress on new lines, and the White House's proposed $4 billion infrastructure fund could provide seed money for PPPs all over the country.
April 14, 2010
As Geithner Touts Infrastructure, Skepticism Persists on $4B ‘I-Fund’ Plan
Treasury Secretary Tim Geithner, considered a skeptic of transportation stimulus spending by some lawmakers, yesterday joined two other White House economic advisers in endorsing new infrastructure investment as a means to
jump-start the economy.
March 17, 2010
What’s Wrong With America’s Ambivalence About Crumbling Infrastructure?
In today's New York Times, Bob Herbert celebrates the cause of infrastructure maintenance -- a less exciting proposition for politicians than cutting the ribbon at new transportation projects, but in many ways more vital to economic growth.
February 16, 2010
DeLauro Questions Obama Budget’s Infrastructure Fund Proposal
Despite brought support for the concept of a National Infrastructure Bank (NIB) to help pay for major improvements to America's built environment, including transportation, significant uncertainty still surrounds the questions of how the bank would work as well as what it would fund.
February 4, 2010
LaHood Talks Budget: “Very Bright” Future for Infrastructure Fund
Transportation Secretary Ray LaHood said today that he sees "very bright" prospects for congressional approval of the Obama administration's $4 billion National Infrastructure Innovation and Finance Fund, the new iteration of the long-discussed National Infrastructure Bank proposal.
February 1, 2010
Dodd and DeLauro Vow to Get Infrastructure Bank Done This Year
Supporters from every corner of the transportation universe joined Gov. Ed Rendell (D-PA), Rep. Rosa DeLauro (D-CT), and Sen. Chris Dodd (D-CT) today at a press event aimed at jumpstarting a National Infrastructure Bank (NIB), which the two Connecticut lawmakers vowed to steer to passage this year.
January 20, 2010
Could a Green Bank Hitch a Ride on the Jobs Bill?
Fans of a National Infrastructure Bank (NIB) that would help leverage private-sector funding for transportation projects are still hoping for Hill action after the House declined to add the idea to its $154 billion jobs bill. But the NIB isn't the only new financing strategy on the table, as Rep. Chris Van Hollen (D-MD) reminded President Obama yesterday.
January 15, 2010
White House Tells Senate: Grants No Substitute For Infrastructure Bank
The White House has reiterated its commitment to a national infrastructure bank (NIB), urging the Senate to reconsider a 2010 transportation spending bill that would "substitute in its place" $1.1 billion in grants.
September 11, 2009
A National Infrastructure Bank By Any Other Name …
The House transportation committee's new $450 billion bill provides for a national infrastructure bank intended to "maximize the limited resources available for our surface transportation needs," as the panel's early outline puts it.
June 19, 2009
Infrastructure Bank Plan Gaining Attention And Momentum
In today's New York Times, columnist Bob Herbert spotlights the congressional proposal for a National Infrastructure Development Bank that would issue bonds, make loans and create securities to help finance needed rebuilding projects around the country. As Herbert put it:
May 26, 2009