Hearings
September 24, 2013
Rebuilding the Nation's Infrastructure: Leveraging Innovative Financing to Supplement Federal Investment
253 Russell Senate Office Building
WASHINGTON, D.C.— The U.S. Senate Subcommittee on Surface Transportation and Merchant Marine Infrastructure, Safety, and Security will hold a hearing on Tuesday, September 24, 2013 at 2:30 p.m. on the ability of public-private partnerships to meet the nation’s infrastructure investment needs. Several legislative proposals have been introduced this Congress that would encourage private financing to supplement federal investments and provide the funding to rebuild the nation’s outdated infrastructure. The American Society of Civil Engineers (ASCE) recently estimated this public-private investment would need to reach $3.6 trillion by 2020 in order to maintain a safe and efficient transportation system that is also essential to U.S. economic competitiveness.
REBUILDING THE NATION’S INFRASTRUCTURE: LEVERAGING INNOVATIVE FINANCING TO SUPPLEMENT FEDERAL INVESTMENT
Subcommittee Hearing
Date: Tuesday, September 24, 2013
Hearing Start Time: 2:30 p.m.
Location: 253 Russell Senate Office Building
Please note the hearing will be webcast live via the Senate Commerce Committee website. Refresh the Commerce Committee homepage 10 minutes prior to the scheduled start time to automatically begin streaming the webcast.
Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact Anne Willis Hill at 202-224-4936 at least three business days in advance of the hearing date.
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Majority Statement
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ChairmanU.S. Senate Committee on Commerce, Science, and Transportation
Minority Statement
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Ranking MemberU.S. Senate Committee on Commerce, Science, and Transportation
Witness Panel 1
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Former United States Secretary of TransportationFormer United States Secretary of CommerceNorman Mineta Infrastructure Testimony.pdf (160.0 KBs)
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PrincipalPeter J. Basso and Associates, LLC Transportation Finance ConsultantsBasso Testimony.pdf (172.2 KBs)
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Managing Director, Carlyle Infrastructure PartnersThe Carlyle GroupDove Testimony.pdf (50.1 KBs)
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Managing Director, Infrastructure Banking for the AmericasMorgan StanleyOffutt Testimony.pdf (34.1 KBs)
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Vice President, TransportationUnited Parcel ServiceMatt Connelly Infrastructure Testimony.pdf (176.7 KBs)