National Infrastructure Investment Corporation Act of 2025
Summary
The National Infrastructure Investment Corporation Act of 2025 proposes establishing a government corporation to provide loans and loan guarantees for infrastructure projects. The corporation, named the National Infrastructure Investment Corporation, aims to finance projects beyond the capabilities of states and cities. It prioritizes projects efficiently and minimizes costs to the federal government.
Expected Effects
The Act would create a new governmental entity focused on infrastructure investment. This could lead to increased funding for transportation, energy, environment, and telecommunications projects. The corporation would be governed by a board of directors appointed by the President and Congress, and overseen by an Inspector General.
Potential Benefits
- Increased investment in critical infrastructure projects.
- Potential for job creation in construction and related industries.
- Improved infrastructure leading to enhanced quality of life.
- Attraction of supplemental capital for infrastructure development through pension fund loans.
- Prioritization of projects in a fair and efficient manner.
Potential Disadvantages
- Potential for increased government debt through loans and loan guarantees.
- Risk of inefficient project selection or mismanagement by the corporation.
- Possible delays in project implementation due to required consultations and congressional oversight.
- Potential for political influence in project selection due to board appointments.
- The Act relies on pension fund loans, which may pose financial risks if not managed carefully.
Constitutional Alignment
The Act appears to align with the Constitution's general welfare clause (Preamble). It also aligns with Congress's power to regulate interstate commerce (Article I, Section 8) as infrastructure projects often facilitate such commerce. The appointments process for the board of directors aligns with the advice and consent role of the Senate (Article II, Section 2).
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).