James Oberstar: “A 60-foot high wall of water is hazardous to anything in its path. Whether it is toxic or not is of secondary…”

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.

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

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.