Congress closed America’s infrastructure bank. Reopen it

Published February 5, 2018 5:01am ET



Congressman John Faso’s op-ed on Jan. 23 presents the arguments for establishing an American infrastructure bank. The congressman is right that outdated infrastructure hurts all of us. He is right that these networks are the platform on which our economy runs.

Our national infrastructure grade of “D,” received from the American Society of Civil Engineers, is a cumulative grade describing assets owned and managed by state and local governments. ASCE’s grades are earned at the state and local level, where the responsibility for 90 percent of public (non-military) infrastructure lies.

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