Congress Should "Take a Deep Breath" and Pass Infrastructure Bank Now, Says Former PA Governor

(Transportation Nation) - Former PA Governor Ed Rendell gave an urgent call to arms on an infrastructure bank, which would leverage federal funds to funnel private investment into roads, bridges, transit, and rail.

That the group, Building America's Future (BAF), thinks the U.S. should be investing more money in infrastructure is about as shocking as 90 degree temps in August, but in a conference call announcing the release of its new report: "Falling Apart and Falling Behind," former PA Governor Ed Rendell, one of BAF's chairs, gave a particularly urgent call to arms on an infrastructure bank, which would leverage federal funds to funnel private investment into roads, bridges, transit, and rail.

"Congress has to take a deep breath and listen," Rendell said, when asked how to clear the increasingly daunting hurdle of asking the federal government to do anything about infrastructure spending.

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