James Oberstar: “That is a very important point that you have raised, about the size of contracts.”

The City of Marquette kept its part of the agreement, conveyed property to the Coast Guard for $1, and now is going to be stuck with the bill. The problem is that the way the transfer worked out, the statutory PAYGO rules preclude…

We must move away from complete reliance on public funding for infrastructure and forge a new, stronger connection between private capital and infrastructure needs.

We want to protect our waters. We want to protect our wetlands. We want to provide for future generations.

But we all also recognize that the potential cost of meeting these needs is immense.