Transportation secretary nominee Elaine Chao argued Wednesday during her Senate confirmation hearing that the government lacks the resources necessary to adequately address the country's infrastructure needs. Instead, Chao, who previously served as labor secretary under former President George W. Bush, advocated to "unleash the potential" of private investors to accomplish President-elect Donald Trump's extensive plans for revamping American infrastructure.
Chao did not offer any specific estimates on spending, only saying that it is "important to recognize that the way we build and deliver projects is as important as how much we invest." Trump's advisers have estimated his infrastructure plan will cost $1 trillion.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
Antony Gormley's Time Horizon – a 'judgmental army' of 100 cast-iron menThe Week Recommends Sculptures are 'everymen questioning the privilege of their surroundings' at the Norfolk stately home
-
'King's horses take free rein through London'Today's Newspapers A roundup of the headlines from the US front pages
-
Is pop music now too reliant on gossip?Talking Point Taylor Swift's new album has prompted a flurry of speculation over who she is referring to in her songs
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
-
Disney and DeSantis reach detenteSpeed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
-
Visa and Mastercard agree to lower swipe feesSpeed Read The companies will cap the fees they charge businesses when customers use their credit cards
-
Reddit IPO values social media site at $6.4 billionSpeed Read The company makes its public debut on the New York Stock Exchange
-
Housing costs: the root of US economic malaise?speed read Many voters are troubled by the housing affordability crisis
-
Feds cap credit card late fees at $8speed read The Consumer Financial Protection Bureau finalized a rule to save households an estimated $10 billion a year
