A National Infrastructure Bank: Can the U.S. Learn From Europe?
On Labor Day, President Barack Obama gave a speech in which he pushed for the creation of a National Infrastructure Bank. Legislation that would establish the bank was introduced over the summer in Senate Bill 1926, authored by Chris Dodd of Connecticut and Chuck Hagel of Nebraska. But the idea of an independent financing entity for large infrastructure projects originated in Europe. The European Investment Bank (EIB) was created in 1958 as part of the Treaty of Rome, which started Europe on the path towards economic integration.
October 8, 2010
Siemens Takes Campaign for U.S. High-Speed Rail Straight to the Customer
What's the fastest way to travel between Los Angeles and the Bay Area? How about Tampa and Miami? Or Chicago and St. Louis?
August 17, 2010