Amid congressional gridlock, business leaders and transportation officials are turning to the private sector to help fix the nation’s crumbling infrastructure.
But a new report from the Bipartisan Policy Center says the effort is going to require an investment model that encourages more transparency and less regulatory hurdles.
The Bipartisan Policy Center’s executive council on infrastructure unveiled a set of recommendations last week outlining how the country can fill an estimated $1.4 trillion infrastructure shortfall between now and 2025.
Lawmakers have repeatedly struggled to come up with a long-term funding solution for the country’s infrastructure, despite a growing number of congested roads and deficient bridges. The federal gasoline tax, which finances the Highway Trust Fund, has not been raised in over two decades.
Keep reading this article at: http://thehill.com/policy/transportation/280070-report-private-sector-key-to-nations-infrastructure-but-hurdles-remain