Big Players Promote Water Privatization
Americans used to take water for granted, but the water shutoff in Detroit has taught us all-important lessons. We now know that the private sector is willing to be ruthless in denying access to the most basic needs of living beings, and we also know that even those who have the least resources can also have power - if they are organized.
Knowing these facts can prepare us all for the current fight over the privatization of water. Here are the basic facts as to the players and the events that are leading us to this water war.
On May 21, as the Senate prepared to vote on the Water Resources Reform and Development Act of 2014 (WRRDA), Senator Boxer spoke on the critical roles the Water Infrastructure Finance and Innovation Act (WIFIA) section would play. Said Boxer,
We also have a new initiative to assist localities in need of loans for flood control or wastewater and drinking water infrastructure to receive those loans from a new funding mechanism we have named WIFIA, the Water Infrastructure Finance and Innovation Act.
WIFIA will allow localities an opportunity to move forward with water infrastructure projects in the same way that TIFIA works in the transportation sector. Where there is a local source of funding to reimburse the federal government, the federal government can front the funds in order to speed up the process.