PHILADELPHIA (CBS) — President Trump’s recent take on transportation funding is getting some in the Philadelphia region who feel the federal government needs to be heavily invested in projects a little nervous.
Barry Seymour is executive director of the Delaware Valley Regional Planning Commission. He says the Trump administration’s preliminary plan briefly outlined in the president’s State of the Union speech is really just that.READ MORE: Flight Attendant Attacked By Passenger, Flight From New York's JFK To John Wayne Airport Diverts To Denver
“It’s too soon to panic, so, this is an early draft that we’ve seen,” Seymour said. “We’ll wait and see what the final plan is before we start to make any changes or take a different approach to any of the projects.”READ MORE: Flyers Score Twice In 3rd, Win 5-3 To Hand Oilers 1st Loss
Seymour says one of the planks of the plan stresses forming more public-private partnerships to pay for projects.
“A public-private partnership works well where the private sector can make a profit,” he said. “So, whether that’s a toll road or toll bridge or something where they can get a revenue stream back that’s where they’re going to be interested.”MORE NEWS: WATCH LIVE: Superintendent Dr. William Hite To Address Safety Updates For Philadelphia School District Students
He says most of the work in this region is bridge and road rehabilitation and reconstruction. And, unless money can be made off those, the private sector isn’t likely to invest in them.