Senior Counsel Michael K. Friedberg shares insight on the president's infrastructure investment principles and discusses what goes on behind the scenes when creating new revenue streams for projects.
"Their goal is to change the behavior of the state and local entities who are the owners," Mr. Friedberg said.
"The main takeaway is this is a supplement to current programs, not a substitute for the [Fixing America's Surface Transportation] Act or other existing infrastructure authorization programs. It will be a good test bed for what works and what doesn't with lower federal shares."
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