James Oberstar: “The Trust Fund is in crisis. It will go bankrupt next month.”

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…

The Highway Trust Fund, based chiefly on the gasoline tax, will never again be adequate to fund even ongoing maintenance of our roads and bridges.

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