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Decades of underinvestment in key infrastructure assets are taking their toll on the U.S. economy. Unreliable transportation infrastructure, aging water systems, inefficient and carbon-intensive power production, and second-rate telecommunication networks are eroding the nation’s global competitiveness. Furthermore, recent disasters, such as Superstorm Sandy, threw our aging infrastructure into the national spotlight.
Yet while Washington remains mired in uncertainty and gridlock, states are developing new ways to select, fund, and build economically important projects. While many states remain unprepared for these new responsibilities, a handful of leaders have stepped up to develop new tools, rules, and institutions that are getting infrastructure projects done.
On Friday, July 12, the Metropolitan Policy Program at Brookings hosted a forum on the best in class innovations that “can-do” states across the country are pursuing to take control of their infrastructure agendas. Following the presentation on the state of American infrastructure investment, an expert panel discussed key developments in enabling legislation, revolving funds, internal coordination, and procurement processes taking place in their states. The session closeed with a keynote address on the future of infrastructure investment
Luis Fortuño, Former Governor, Puerto Rico and Partner, Steptoe & Johnson, LLP
Fawn Johnson, Tony Kinn, Larry Blain, Margaret Tobin, and Michael Cheroutes
Robert Puentes, Senior Fellow and Director of the Metropolitan Infrastructure Initiative