Dive Brief:

• Congress should address an idea first brought up six years ago – create a bank with the charter to lend only for infrastructure projects in America.
• Spending on roads, bridges, rail and other infrastructure is far less than it needs to be.
• A $10 billion one-time investment to fund the bank could create up to 300,000 construction jobs.

Dive Insight:

With the U.S. getting dismal grades from the American Society of Civil Engineers for the condition of infrastructure and efforts to address deteriorating resources, something has to happen. A national bank funded by the government once and then allowed to succeed or fail on its own could leverage private investments to get improvements going.