Freshman Rep. John Delaney, a Maryland Democrat, has a unique distinction in Washington: He’s the only former CEO of a publicly traded company serving in Congress. That experience, he says, gives him insight into the power of finance, which he’s using to pitch a plan that could address the country’s infrastructure struggles.
Delaney’s new bill, dubbed the Partnership to Build America Act, would create a $50 billion infrastructure fund that would provide low-interest loans, direct investment, and loan guarantees for state and local infrastructure projects—all without any federal appropriations. So where would the money come from?
Hear Rep. Delaney explain the origins of his infrastructure legislation.
Communications manager for the Texas Medical Center Health Policy Institute and former Governing staff writer