Maya MacGuineas: How to think about infrastructure funding
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion piece for The Hill, an excerpt of which is below.
Once again, it is infrastructure week in Washington. While policymakers rarely agree on anything anymore, there is almost universal agreement that our country's infrastructure is in need of an overhaul. And they are right. From crumbling roads and bridges, to an outdated electrical grid and overloaded telecommunications networks, knowing what to spend money on isn't the hard issue. How to pay for it is.
There will be plenty of arguments for why not to pay for the bill: "Don't worry," some will say. "It will pay for itself. Republicans didn't pay for their tax cuts, why should we pay for our spending?"
Read the entire piece here.
Published works by members or staff of the Committee for a Responsible Federal Budget do not necessarily reflect the views of all members or staff of the Committee.