The air in Atlanta and Washington suddenly seems filled with talk about creative methods of financing to pay for repairs to roads, bridges, sidewalks and other so-called transportation infrastructure.
At the state Capitol this week, a new consortium announced it was backing a revision of the TSPLOST approach to upgrading transportation. Atlanta Mayor Kasim Reed, in his inaugural address this month, cited his plans to ask voters in 2015 to approve borrowing up to $250 million for infrastructure improvements.
President Obama, during his State of the Union address on Tuesday, called on Congress to approve new funding for roads and ports by this summer. On Jan. 16, a bill to create an infrastructure bank was submitted in the Senate by a bipartisan group. A similar proposal was filed in November in the Senate.