Chairman DeFazio, Ranking Member Graves, and Members of the Committee:
Thank you for the opportunity to discuss the economic outlook as this Committee and the US Congress consider enacting significant infrastructure legislation this year.
A founding principle of The Hamilton Project’s economic strategy is that long-term prosperity is best achieved by promoting economic security, economic growth, and broad participation in that growth. Through our research, policy papers, and public events we examine ways to realize those goals based on sound economic theory and evidence. For more than 15 years, The Hamilton Project has focused on policies to increase investment in public infrastructure—highlighting strategies, financing mechanisms, the economic returns on infrastructure investment, and the role of such investment in creating prosperity in local and state economies.