Dive Summary:

• In his State of the Union address, President Obama called for a "Fix It First" program of public-private partnerships to work on U.S. infrastructure needs, including bridges and roads, and schools.
• If Congress agrees – and depending on the details of how such a program would work – the program could be a boost for public-sector spending on construction, which has been falling in recent years as governments face mounting revenue problems.
• Obama called the public-private aspect of his proposal the "Partnership to Rebuild America" and said that tapping private-sector capital would "put people to work as soon as possible on our most urgent repairs."

From the article:

“... 'Tonight, I propose a ‘Fix-It-First’ program to put people to work as soon as possible on our most urgent repairs, like the nearly 70,000 structurally deficient bridges across the country,' Obama said in his address Tuesday night. ..."