President Obama is pressing for infrastructure investment again as part of the fiscal cliff negotiations. The president kicked off talks calling for an end to the debt ceiling, the extension of middle-class tax cuts, and $50 billion in infrastructure spending — a proposal that first arose last year as part of his ultimately unsuccessful American […]
To privatize or not to privatize? When it comes to public infrastructure investments, from rail service in the UK to the Indiana Turnpike, more governments worldwide are choosing to hand the reins to private businesses. What are the early lessons of this trend? The companies leasing Chicago’s parking meters expect to generate $11.6 billion from […]
The House of Representatives is preparing to vote on that rarest of Capitol Hill treasures — a bipartisan budget deal. If both houses approve the deal, negotiated by Democratic Senator Patty Murray and Republican Congressman Paul Ryan, it will be the first time since 2010 that Congress has passed a budget. The deal would erase […]
Chuck Schumer says he will "claw, scrap, and fight with every fiber of my being" to overturn Donald Trump's executive order preventing refugees and residents of seven Muslim-majority countries from entering the country. If that's the case, Schumer should abandon his strategy of dealmaking with Trump on a big infrastructure bill.