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How to Keep America’s Roads and Bridges from Crumbling

by Renewing America Staff
July 22, 2014

Construction Tappan Zee Tarrytown New York Construction is seen under way on the Tappan Zee Bridge in Tarrytown, New York May 14, 2014 (Kevin Lamarque/Courtesy Reuters).

Last week, President Obama announced an initiative to ramp up investment in the United States’s ailing infrastructure. The newly-established Transportation Investment Center is a one-stop shop at the Department of Transportation that connects state and local officials with tools to support private financing for infrastructure projects. In a new op-ed for Fortune, CFR Senior Fellow Heidi Crebo-Rediker argues that the program will help fill the ‘knowledge gap’ among state and local officials, and will facilitate greater private sector investment and more public-private partnerships, while still protecting taxpayers. In her March Policy Innovation Memorandum, “Infrastructure Finance in America—How We Get Smarter,” Ms. Crebo-Rediker assessed how the Obama Administration could design an effective one-stop shop to enhance private sector infrastructure investment.

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