Why federal spending plans will not fix U.S. infrastructure

There is something fundamentally flawed about the federal government’s involvement in infrastructure, and it distorts opportunities for efficient choices to be made by state and local governments. So says this program’s guest, Chris Edwards, the director of tax policy studies at the Cato Institute. He points to an array of problems with federal involvement in U.S. infrastructure, very little of which its actually owns. (07/2021)