Associated Press / U.S. News » During her confirmation hearing on Wednesday, incoming President Donald Trump’s Transportation Secretary-designate, Elaine Chao, advocated “innovative financing tools” to fund construction projects.
The Bond Buyer » Donald Trump could and should include municipal finance experts on an infrastructure task force that sources say the president-elect is interested in putting together.
Harvard Gazette » The U.S. Department of Transportation says that the nation’s highways and bridges face an $808.2 billion backlog of investment spending, including $479.1 billion in critically needed repairs. More than two-thirds of the nation’s roads and nearly 143,000 bridges are classified in “dire need” of repair or upgrades.
Railway Track & Structures » Klepper will head a new bureau tasked with aiding governments at the state and local levels in developing and financing public-private partnership (P3) transaction for transportation facilities.
The San Diego Union-Tribune » Officials with the San Diego Association of Governments hope the state and the incoming Trump Administration will pony up money for the construction of a trolley line and highway improvements.
The Hill » All eyes in the transportation world will be on when and how Trump puts forward his promised $1 trillion infrastructure package.