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21

Mar

2011

The New York Times Endorses John Kerry’s Infrastructure Bank

 

Using today’s prime editorial space to endorse the bipartisan backed BUILD Act, the New York Times called the bill – presented last week by Senators Kerry, Hutchinson, and Warner and created under the guidance of Obama’s Bank author Michael Likosky –”a promising idea to get some of these [infrastructure]  projects started and possibly put thousands of people back to work by doing so.”

In his work on the BUILD Act, Likosky advised Senator John Kerry in crafting a piece of legislation calling for the foundation of an infrastructure bank that would invest in regional and national projects across sectors from transportation to energy to be selected and overseen by a bipartisan board appointed by the president and Congress. The plan, which is enjoying broad based support, incorporates material from Likosky’s recently published Obama’s Bank: Financing a Durable New Deal.

Michael Likosky is also an expert to the United Nations Conference on Trade and Development and a consultant to major broadcasters such as ABC, CBS, NBC, and ESPN. He has advised Ford Foundation, the Institute for a New Reflection on Governance, Ranger Capital Group, the United Nations Conference on Trade and Development as well as a number of non-governmental organizations.

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