Jeff Merkley actually said...

when they ran the numbers they consistently found that it was cheaper for the State to be the entity than it was the private partner.

It is helpful. Another comment that they put forward was that generally, the structure is more amenable to very large projects.

In Oregon, we have had a process of looking for the choke points, if you will, the places where strategic investment would make a real diffe...

Thank you very much, Madam Chair.