A Call for More P3s and Relaxation of the Federal Prohibition on Interstate Tolling

Dallas Morning News publishes an op-ed co-signed by Henry Cisneros, former secretary of Housing and Urban Development, and Suzanne Shank, CEO of investment bank Siebert Cisneros Shank & Co., that laments the lack of investment in interstates. They write, “The federal government has an opportunity to employ innovative transportation funding and financing approaches including creating the national infrastructure bank, relaxing the federal prohibition on tolling most interstate highways, and indexing the federal gas tax to inflation, among others. Public private partnerships can also play a role, if the next administration untangles and clears some of the regulatory and statutory hurdles that prevent us from fully harnessing their power.”