Funding in a new way

“You cannot have big-league quality of life with little-league quality transportation.” – Senator Ron Wyden (D-OR)

Senator Ron Wyden (D-OR) speaks in an interview with TransportationTV about building funds for trasportation in a by-partisan way. By speaking to financial professionals and municipalities about new attractive ways to raise funds, they developed “Build America Bonds” that would have a federal government tax-credit placed on them.

The bonds are part of the Recovery Act and will help fund transportation projects over the next two years. A very exciting prospect for engineers in the next two years. Check out the full video below.

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