Updating U.S. Airports Comes at a Hefty Price

The transcript discusses the timing of an airport infrastructure report, aiming to influence the Trump administration's infrastructure plan. Airports seek increased fees for funding, opposed by airlines. The concept of 'shovel ready' projects is revisited, highlighting differences between short-term and long-term infrastructure projects. The discussion also covers Trump's infrastructure plan, focusing on maintenance versus new projects, and the roles of state and federal governments in project selection and funding.

What does the term 'shovel ready' refer to, and how has its definition evolved?

What role do state and local governments play in the selection of infrastructure projects?