Senators Ron Wyden and John Hoeven to Discuss Financing America’s Infrastructure
Washington, D.C. – July 6, 2015 – (RealEstateRama) — On Wednesday, July 8, Senators Ron Wyden (D-OR) and John Hoeven (R-ND) will headline a Bipartisan Policy Center (BPC) Bridge-Builder panel discussion on the prospects for congressional action on infrastructure finance. The discussion will be moderated by BPC Vice President of Communications Robert Traynham.
Senators Wyden and Hoeven are currently tackling this problem with their legislation, the Move America Act, which creates a new federal financing tool to help fix our nation’s infrastructure problems. While many believe new tools are needed, Congress has struggled to actually create them. The discussion will focus on whether or not the expiration of the Highway Trust Fund at the end of July will provide the impetus to finally solve the problem, or if we will simply kick the can further down the road.
BPC recently launched the Executive Council on Infrastructure to answer the question of how to better attract private capital investment in American infrastructure. Our nation’s continued economic prosperity rests on the quality of our infrastructure, but investments fall dramatically short of what is needed. The funding gap over the next five years is estimated at $2 trillion, a figure that no level of direct government funding will be able to meet. Thus, the conversation has turned to how to finance infrastructure investment, including what role the federal government can play.
The event is open to the public and press. Register now.
Join the discussion on Twitter: @BPC_Bipartisan #BPClive
WHO:
Senator John Hoeven (R-ND)
@SenJohnHoeven
Senator Ron Wyden (D-OR)
@RonWyden
WHAT:
Innovative Financing: Filling the Infrastructure Pothole
WHEN:
Wednesday, July 8, 2015
10:00 a.m. – 11:00 a.m. ET
WHERE:
Bipartisan Policy Center
1225 Eye Street NW
Suite 1000, 10th Floor
Washington, D.C. 20005
