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What the future holds for infrastructure

Published Wednesday, July 30, 2008

Yesterday’s announcement by U.S. Transportation Secretary Mary Peters that the Bush Administration would reform the nation’s transportation programs included promises to address congestion, reward innovation and consolidate federal programs. However, Peters also indicated the government will look to “take advantage of the over $400 billion available worldwide for infrastructure investments from the private sector,” a highly contested and controversial issue throughout the transportation industry. She also said that the administration hopes to remove restrictions on congestion pricing too. "Without a doubt, our federal approach to transportation is broken,” Peters said. “And no amount of tweaking, ...

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