August 2021 - Status of Infrastructure Bills - What's In, What's Out, and What Are the Consequences?
Channel: Coalition for a National Infrastructure Bank
Date: 2021-08-15

Members of the advisory committee of the National Infrastructure Bank Coalition give a report on where things stand with the recently passed current bipartisan Senate bill on infrastructure.  What infrastructure is funded, and what is not?  How much of the funding is new,  and how much of what the country needs is actually funded?  

00:00 Title Page
00:04 Alphecca Muttardy, macro-economist, shows how the recently passed bipartisan Senate bill on infrastructure falls woefully short in addressing the infrastructure needs of the USA.  Even if the additional $3.5 Trillion "Reconciliation" package is also passed, there will still be a $4.5 Trillion infrastructure financing gap.
10:42 Dr. Stephen Hubbard PhD reports on Public Private Partnerships (PPPs) - why they tend to fail, and why they are not a good choice for funding infrastructure projects.  He also describes the effect of "deferred maintenance" on roads and  other infrastructure.  Why is it that the cost of maintenance increases exponentially, the longer the repairs are postponed or deferred?  
17:32 Stan Forczek, a retired executive from Amtrak poses some questions about the bipartisan Senate Bill and the state of infrastructure funding in the USA today.  How would the proposed $5 Trillion National Infrastructure Bank (HR 3339) impact the USA?  What will happen if this is not done?  
49:18 Call your member of Congress and ask them to co-sponsor HR 3339 for a $5 Trillion National Infrastructure Bank.