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Infrastructure Measure Leading Candidate for Bi-Partisan Support

Wed, November 14, 2018 5:10 PM | Mark Casso (Administrator)

With the results of the mid-terms mostly determined, one initiative that appears to have moved front and center is a national infrastructure effort.  Both likely House Speaker Nancy Pelosi and President Trump have highlighted this area as possible ground where the two political sides could find common cause. Obviously, any measure would have to maneuver through a mine-field of compromises; both as to price tag (between $500 to $200 billion), and policy issues such as providing incentives for state and local governments to identify additional revenue sources and methods.  Already discussed by the Department of Transportation during 2018 are such approaches as: incentive grants; reforms to make it easier to use long-term public private partnerships (P-3s); and even use of a fairly new concept called “asset recycling.” [A new Reason Foundation policy study provides an introduction to infrastructure asset recycling concept, and how it may serve as way to leverage value infrastructure assets for future needs].

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