On Thursday, November 17, Senators Mark Warner (D-VA) and Roy Blunt (R-MO) introduced the Building and Renewing Infrastructure for Development and Growth in Employment (BRIDGE) Act (S. 1716) to create and fund a national infrastructure funding bank. As part of the legislation, an "infrastructure financing authority” with $10 billion in initial funding would be created. Cosponsors of the bill is include Sens. Lindsey Graham (R-SC), Kirsten Gillibrand (D-NY ) Dean Heller (R-NV), Chris Coons (D-DE), Amy Klobuchar (D-MN), Roger Wicker (R-MS), Claire McCaskill (D-MO) and Mark Kirk (R-IL). 

Similar Senate legislation was proposed in the last Congress that would have created an authority with $50 billion in funding. That bill failed when blocked by Republicans in the House who said that they preferred that states set up their own infrastructure banks.