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On August 28, 2024, The Bond Buyer published an article on the National Infrastructure Bank
On October 25, 2024, the New Mexico Senate Transportation Committee sponsored a hearing on
Rail and the National Infrastructure Bank
On October 25, 2024 the Transportation Committee of the New Mexico Senate sponsored a 1.5-hour seminar on High-Speed Rail and the National Infrastructure Bank. This event featured Rick Harnish, Executive Director of the High-Speed Rail Alliance, Senator William Tallman, Albuquerque, and Alphecca Muttardy, Senior Economist, Coalition for a National Infrastructure Bank
On April 30, 2024, the NIB Coalition Cosponsored a Congressional Staff Briefing on the National Infrastructure Bank Act, H.R.4052
On April 30, the Coalition for a National Infrastructure Bank (NIB), in conjunction with Congressman Danny Davis, cosponsored a briefing for Congressional staff on the National Infrastructure Bank Act of 2023, H.R.4052. Congressman Davis is the lead sponsor of this bill, which currently has 34 sponsors.
Speakers included: Dr. Nomi Prins, author, and former Managing Director Goldman Sachs; Professor Philip Harvey, Distinguished Professor of Law and Economics (Emeritus) Rutgers Law School (via Zoom); Assemblywoman Jo Anne Simon, 52nd Legislative District NY; and former Senior Economist at the International Monetary Fund Alphecca Muttardy.
On December 21, 2023,the Journal of Critical Infrastructure Policy published,
"National Infrastructure Bank: A Permanent Solution and Timely Budget Work-Around."
To Our Supporters:
On December 21, 2023, the Journal of Critical Infrastructure Policy (JCIP) published a 10-page feature article in their Fall Issue: National Infrastructure Bank: A Permanent Solution and Timely Budget Work-Around.
This article, submitted by Stanley Forczek, Coalition for a National Infrastructure Bank Advisory Board, is an important intervention into the national debate on economic policy. It openly promotes HR4052, the National Infrastructure Bank Act as the permanent solution to the Nation’s infrastructure crisis.
In their words, “JCIP provides a platform for researchers, policy makers and a range of professional groups.” JCIP publishes peer-reviewed articles and reaches a large cross-section of institutions involved in infrastructure policy.
Please share this article with friends and colleagues, and definitely with your member of Congress. We are actively seeking more cosponsors on HR4052.
You can also submit the article to other journals, newspapers, and infrastructure-related policy groups. If you are capable of getting this published, and need assistance, please reach out to the Coalition for a National Infrastructure Bank. You can contact Communications Director Angela Vullo. avullo@nibcoalition.com
"National Infrastructure Bank:
A Permanent Solution and Timely Budget Work-Around"
Abstract
The passage of time, chronic underinvestment, and climate change have left America’s public infrastructure dangerously overstretched and vulnerable. The bipartisan Infrastructure Investment and Jobs Act (IIJA) of 2021 provided billions of dollars in new Federal spending for infrastructure. While a significant start, the IIJA addressed only a small fraction of the nation’s current, unfunded needs. A $5 trillion National Infrastructure Bank, as proposed in HR4052, would fill that gap, provide technical/regulatory assistance, and turbocharge the American economy, with no need for added spending, taxes, or increases to the National Debt.
Introduction
In the landscape of industrialized economies, the United States stands as a testament to the critical role of robust infrastructure in driving economic vitality. The intricate network of transportation, digital communications, energy grids, and water systems forms the backbone of the nation’s economic engine, catalyzing growth and enhancing the quality of life.
Investment in public infrastructure is not merely a matter of maintenance or upgrade; it is a strategic imperative for economic expansion and social progress. Conversely, the failure to adequately invest in and modernize public infrastructure can have dire consequences. Stagnation in infrastructure development can serve as a precursor to broader economic malaise. Outdated or inadequate infrastructure hampers efficiency, stifles innovation, and can create obstacles that impede economic activity. The ramifications may extend beyond mere economic metrics; they can erode the fabric of communities, as deteriorating infrastructure disproportionately affects disadvantaged populations.
Businesses, particularly those reliant on efficient supply chains and logistics, encounter escalating operational costs as they navigate the repercussions of neglected infrastructure. The resulting inefficiencies not only diminish the competitive edge of businesses but also contribute to increased costs for consumers.
And competitor countries that heavily invest in critical infrastructure have a distinct advantage in economic efficiencies, bringing products to market, and growing their industrial base.
Thus, the imperative for continuous investment in public infrastructure is clear. It is a critical lever for economic stability and social equity, ensuring that both businesses and families not only survive but thrive. As we chart the course for future economic policy, prioritizing infrastructure investment is a commitment to the United States’ collective prosperity and well-being.
(Excerpt)
LATEST
On December 21, 2024, the Empire Report published an OpEd on NYC Council National Infrastructure Bank Resolution
On December 19, 2024, the New York City Council passed a resolution for a National Infrastructure Bank
On December 19, 2024, the City Council of Kansas City, MO, passed a resolution for a National Infrastructure Bank
The November 2024 issue of the Minority Business Development Agency (MDBA) Missouri published an article on the
National Infrastructure Bank
On November 1, 2024, the Federation for a Manufacturing Renaissance passed a resolution for a National Infrastructure Bank
On October 29, 2024, Hilltop Securities Newsletter reports growing support for the National Infrastructure Bank
On October 27, 2024, the Northwest Citizen posted an article on the National Infrastructure Bank
On October 24, 2024, Alphecca Muttardy was interviewed by
Randy Voller on the National Infrastructure Bank
In October 2024, the Chatham County Line published an article by economist Alphecca Muttardy on the National Infrastructure Bank
On October 17, 2024, Washingtonians for Public Banking passed a resolution in support of a National Infrastructure Bank
On September 4, 2024, the American Heroes Group Radio Interviews National Infrastructure Bank economist Alphecca Muttardy
American Heroes Group Radio: Building American Heroes Group Radio: Building America's Future:
National Infrastructure Bank & Economic Recovery with Economist Alphecca Muttardy
Join U.S. Army Retired Colonel Dr. Damon T. Arnold as he hosts macroeconomist Alphecca Muttardy, Chief Economic Adviser for the Coalition for a National Infrastructure Bank. In this episode, our guest dives deep into the critical need for a $5 trillion National Infrastructure Bank to revitalize America’s infrastructure and economy. Ms. Muttardy discusses Congressman Danny Davis's bill, H.R.4052, and how this bank will finance essential infrastructure projects, create millions of well-paying jobs, and address pressing issues like climate change, affordable housing, and job training for veterans. Learn about the history behind this proposal and how it could reshape the American economy for the better.
On August 19, 2024, Alphecca Muttardy was interviewed by London Mitchell on the National Infrastructure Bank
On August 15, 2024, the California Assembly passed a resolution in support of a National Infrastructure Bank
On July 1, 2024, the California Assembly Transportation Committee held a hearing in support of the National Infrastructure Bank
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On July 1, 2024, the California Assembly introduced a resolution in support of a National Infrastructure Bank
On June 23, 2024, the Washington State Democratic Party Convention passed a resolution in support of a National Infrastructure Bank
On June 22, 2024, the Missouri Democratic Party Convention passed a resolution in support of a National Infrastructure Bank
On June 22, 2024, the Virginia Democratic Party Convention passed a resolution in support of a National Infrastructure Bank
On June 3, 2024, the New Mexico Democratic Party issued a letter in support of a National Infrastructure Bank
On May 30, 2024, the Rhode Island House passed a resolution in support of a National Infrastructure Bank
On May 18, 2024, the Alaska Democratic Party Convention passed a resolution in support of a National Infrastructure Bank
On May 16, 2024, the Long Island Business News published an Article on H.R.4052 for the National Infrastructure Bank
On April 30, 2024, the Ohio Senate introduced a resolution in support of a National Infrastructure Bank
On March 28, 2024, the Northwest Citizen published an Article on H.R.4052 for the National Infrastructure Bank
On March 22, 2024, the Wisconsin Assembly introduced a joint resolution in support of a National Infrastructure Bank
On March 2, 2024, the Lakeshore Rail Alliance passed a resolution in support of a National Infrastructure Bank
On February 27, 2024, the Wisconsin House of Representatives introduced a resolution in support of a National Infrastructure Bank
In February 2024, the Illinois Senate introduced a joint resolution in support of a National Infrastructure Bank
On February 20, 2024, the Indiana House of Representatives introduced a resolution in support of a National Infrastructure Bank
On February 8, 2024, the Vermont Community Newspaper Group published an Op-Ed on H.R.4052 for the
National Infrastructure Bank
On February 8, 2024, the New York City Council introduced a resolution in support of a National Infrastructure Bank
On January 25, 2024, the Utah House of Representatives introduced a resolution in support of a National Infrastructure Bank
On January 18, 2024, the New Mexico Senate introduced a joint resolution in support of a National Infrastructure Bank
On January 18, 2024, the New Jersey Senate introduced a resolution in support of a National Infrastructure Bank
On January 5, 2024, the Kentucky House of Representatives introduced a resolution in support of a National Infrastructure Bank
On January 4, 2024, The Detroit News published a Letter to the Editor on H.R.4052 for the National Infrastructure Bank
On June 29, 2023, The Bond Buyer published an article on H.R.4052 for the National Infrastructure Bank
Coalition for a National Infrastructure Bank
P.O. Box 1029
Leesburg, VA 20177
info@nibcoalition.com