Cozen O’Connor: Alderman, Schweitzer, Bayh on the Infrastructure Bank the U.S. Already Has in <em>The Washington Post</em>

Alderman, Schweitzer, Bayh on the Infrastructure Bank the U.S. Already Has in The Washington Post

Friday, September 30, 2011

Alderman, Schweitzer, Bayh on the Infrastructure Bank the U.S. Already Has in The Washington Post
Public Strategies principals Mark Alderman and Howard Schweitzer, along with former U.S. Senator Evan Bayh (D-Ind.) wrote an opinion piece published on September 30 in The Washington Post on using the Ex-Im Bank as the infrastructure bank called for in President Obama’s Jobs Act. In the American Jobs Act, President Obama calls for a national infrastructure bank to support private-sector investment in public projects to revitalize the economy. As the piece points out, “even if the president’s proposal were enacted tomorrow, it would be years before such a new bank would be fully operational.” So, in the alternative, Alderman, Schweitzer and Bayh suggest adding domestic infrastructure projects to the Export-Import Bank of the United States (Ex-Im Bank) mandate. Currently, the Ex-Im Bank only handles such projects internationally; however, it does have the legal authorization to do stateside.
To read more about the Ex-Im Bank and how it could create jobs for Americans in America, click here.
To read the article click here