The national debt and deficits at all levels of government mean the landscape for infrastructure funding has changed significantly.
Last month I spent three days at a transportation retreat along with about 20 other transportation policy wonks, discussing future funding alternatives for infrastructure projects. Unusually for such an event, the opening session was not about transportation at all. Rather, it was about the massively unsustainable path our federal government is on. This is not a short-term problem. It will provide the context for all federal policy debates for at least a generation.
Read complete article by Robert Poole from May 4, 2011