James Oberstar: “I said this stimulus program is going to pass, it has the support of the President Elect and we intend to move it.”

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

Using a National Infrastructure Bank to finance a large part of our infrastructure needs means we will be able to target Federal spending more efficiently.

The efforts of Federal agencies can overlap and at times conflict, and currently, there is no body within the Executive branch to provide substantive coordination or, if necessary, resolution of disagreements among agencies to ensure…

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