Obama’s New Infrastructure Plan Would Worsen Our Water System Woes
January 17, 2015 - Essential Water
Statement of Food Water Watch Executive Director Wenonah Hauter
Washington, D.C. — “Today a Obama administration announced a slew of proposals that will discredit a H2O systems by compelling and facilitating a supervision of vicious celebration H2O resources by companies that mostly have a bad lane record. Through a origination of a new Water Finance Center during a EPA to encourage H2O privatization deals, and by new taxation breaks on holds for privatized projects, a Obama administration seeks to pave a way for large Wall Street firms and unfamiliar H2O companies to take control of a essential H2O resources. These misguided proposals will not advantage a normal American, or a open H2O utilities, though will merely pad a pockets of those who find to distinction off a sustenance of H2O and cesspool services.
“Public-private partnerships are not a unsentimental or effective approach to accommodate a H2O infrastructure crisis. The American people can't means a cost tab or environmental threats that are good documented after private companies make decisions formed on their bottom lines.
“Public H2O is a American way. More than 80 percent of a U.S. race receives H2O and cesspool use from a publicly owned and operated utility. The public zone is obliged for some-more than 90 percent of celebration H2O and wastewater investments, mostly by tax-exempt metropolitan bonds. Instead of undermining a metropolitan utilities, a sovereign supervision should boost a support for open H2O and cesspool systems.
“The sovereign supervision contingency step adult and replenish a joining to a open H2O and cesspool systems. The Obama administration and Congress can some-more effectively bolster our internal supervision and rural H2O utilities by entirely appropriation a Drinking Water and Clean Water State Revolving Fund Program, preserving tax-exempt status on ubiquitous requirement and income holds and authorizing Building America’s Future bonds.
“Responsible open sustenance is a many effective approach to safeguard that each chairman has entrance to safe and affordable H2O service.”
Contact: Katherine Cirullo, Food Water Watch, (202) 683-4914, [email protected]