Viewpoint: Why Obama’s “Fix-It-First” Is The Wrong Approach

There are several reasons why President Obama’s latest call for Congress to spend an extra $50 billion on infrastructure is not a serious contribution to dealing with America’s surface transportation needs.

First, of course, is that the proposal made in the State of the Union address, like the previous three tries, has no credible funding source. That, alone, has made it dead-on-arrival in Congress.


About Bill Reinhardt

Editor of Public Works Financing newsletter
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