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Financing U.S. Transportation  Infrastructure in the 21st Century
Report

Financing U.S. Transportation Infrastructure in the 21st Century


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Editorial Rating

9

Qualities

  • Innovative

Recommendation

The United States’ decaying transportation system suffers from political deadlocks, decreased investment, and inefficient local, state and federal funding. These impediments are blocking opportunities to create jobs and improve the US economy’s competitiveness. This accessible, detailed report from Roger C. Altman, Aaron Klein and Alan B. Krueger offers practical solutions to America’s transport issues. The authors know of what they speak, as they apply their combined years of distinguished government service to the problem. getAbstract recommends their work to anyone who travels America’s roads, bridges, ports, railways, subways and buses.

Take-Aways

  • The United States’ transportation system is disintegrating, and transport woes have cost America in worldwide rankings of infrastructure quality and global competitiveness.
  • Reforming and restoring proven government programs that promote transportation financing would help in the short run.
  • Deploying the Army Corps of Engineers more effectively and readjusting the federal gas tax would result in more employment and funds for infrastructure.

About the Authors

Roger C. Altman is founder and executive chairman of Evercore Partners, an independent investment banking firm. Aaron Klein is director of the Financial Regulatory Reform Institute at the Bipartisan Policy Center. Alan B. Krueger is the Bendheim Professor of Economics and Public Affairs at Princeton University.