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12/13/2016 5:30:00 PM Write a Letter to the Editor Write a letter to the Editor

Public, Private, Nonprofit Sector Insiders Team to Focus on Nation’s Infrastructure Woes

Rep. John Delaney (D-Md.)/The Intersector Project
WASHINGTON — Appropriately for a group that stresses collaboration as the key to getting infrastructure redone or built, the Intersector Project brings together stakeholders from the government, private and nonprofit sectors to brainstorm solutions.

At a post-election, pre-115th Congress event Dec. 13, representatives from all three sectors discussed best practices and examples of successful projects while offering advice to the incoming Trump administration and lawmakers on how to fix the $3.3 trillion infrastructure funding shortfall.

“Few things can be solved in one sector alone,” said Intersector Project Chairman Frank Weil, who also is chairman of private investment firm Abacus and Associates.

Weil noted that the sectors have different cultures and don’t fully understand each other’s, which is why longtime government staffer Peter Peyser said, “This is all about getting us to sing off the same sheet of music.”

Said Rep. John Delaney (D-Md.), the only House member who was the CEO of a publicly traded company, “When the sectors work well together, you get very good economic outcomes … and the quality of life improves.”

Which is why Delaney said a large-scale infrastructure program “should be our top domestic economic priority,” ahead of Trump’s touted tax reform. “The fact that we’ve underinvested in infrastructure [for many years] clearly impacts the day-to-day lives of our citizens,” Delaney said. “And there’s really no better jobs program than an infrastructure program.”

Delaney advocated for the creation of a national infrastructure bank and devoting more money to the Highway Trust Fund as well as repatriating much of the $2.5 trillion that American multinational corporations have stashed overseas to avoid domestic taxes.  

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By David Elfin

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