Infrastructure Bank

American Recovery Resolution Introduced in North Carolina

American Recovery Resolution Introduced in North Carolina

March 7, 2019—Rep. Shelly Willingham (D-Martin) introduced a “joint resolution urging Congress to enact without delay an “American Economic Recovery Program” into the North Carolina State Legislature on Feb. 17. House Joint Resolution 190 has five cosponsors and has been referred to the Banking Committee as the first step. The […]

The fragility of the transit system in the New York-New Jersey area was dramatized when a beam penetrated the roof of  a New Jersey Transit train Sept. 7.

New NAM Report: Action on Infrastructure Now!

By Nancy Spannaus March 1, 2019—The latest report on the U.S. infrastructure disaster by the National Association of Manufacturers (NAM) is a straightforward call for Congress and the President to act now. The “Build to Win” document begins by stating that “in an alarming state of disrepair and in urgent […]

by March 1, 2019 Infrastructure Bank, News
The first Bank of the United States (Nancy Spannaus)

The Constitutionality of the National Bank

By Nancy Spannaus Feb. 27, 2019—February 25 was the anniversary of a momentous event in American history—George Washington’s signing of the bill establishing the Bank of the United States.  This action was crucial to establishing a government-backed source of national credit and a uniform currency in the United States, and […]

by February 27, 2019 Commentary, Infrastructure Bank
National Infrastructure Bank vs PAYGO

National Infrastructure Bank vs PAYGO

By John Ascher   Jan. 6, 2018–A group of Progressive Democrats this past week challenged Speaker Nancy Pelosi and the Democratic establishment on one issue which counts: their decision to reassert the House version of PAYGO. (Pay-as-you-go.) They lost the challenge, but have raised an important debate. The Progressives were […]

by January 6, 2019 Infrastructure Bank, News
Congressional action is needed.

Frequently Asked Questions on the National Infrastructure Bank (NIB)

Answering questions about how a National Infrastructure Bank would function

by December 21, 2018 Infrastructure Bank
Hamilton’s Report on Manufactures: More Relevant Than Ever

Hamilton’s Report on Manufactures: More Relevant Than Ever

By Nancy Spannaus Dec. 5, 2018—Today’s anniversary of Alexander Hamilton’s most important report, the Report on Manufactures, comes at a particularly ironic time in our country’s history.  On the one hand, the last year has seen a relative increase in real manufacturing jobs (allegedly the most since the mid-1990s), and […]

by December 5, 2018 Commentary, Infrastructure Bank
National Infrastructure Banks Prove Superior to PPPs

National Infrastructure Banks Prove Superior to PPPs

By Alphecca Muttardy, Macroeconomist  Last Updated 11/27/18 This Brief makes the case that National Infrastructure Banks (NIBs) have historically proven to be superior to Public-Private Partnerships in building American infrastructure. There have been four major National Infrastructure Banks/Systems in our nation’s history,[1] starting with the First Bank of the United […]

by November 27, 2018 Commentary, Infrastructure Bank

Updated National Infrastructure Bank Video on Facebook

See how America can rebuild its collapsing infrastructure, on the vast scale required, founded upon  historic precedents, and the bank will not create new debt!

by November 21, 2018 Infrastructure, Infrastructure Bank
The Minneapolis bridge collapse of 2007--a wake-up call on the state of  U.S. infrastructure.

Draft Legislation to Create a National Bank for Infrastructure

Nov. 3, 2018–Once the separation between commercial banking and speculation has been re-established, the problem of a supply of cheap, long-term credit for the physical economy is easily solvable. Given the enormous needs for infrastructure building and rebuilding, this will require Federal credit and Federal credit guarantees. There are various means by […]

by November 3, 2018 Features, Infrastructure Bank
An infrastructure bank can fund the high-speed rail we need. Above, a Chinese high-speed train.

A National Infrastructure Bank to Fund Infrastructure in Virginia

By Alphecca Muttardy, Macroeconomist Last updated 10/25/2018 Summary: At present, the State of Virginia spends about 10% of its total public spending (or 1.7% of the state’s GDP) on public infrastructure projects.[1]  Of that total, the Virginia state budget pays for highway construction and improvements at four-year universities; local governments […]

by November 3, 2018 Commentary, Infrastructure Bank