Public-private partnership can offer big advantages over both direct governmental action and conventional contracting.
Private partners with the freedom to deploy their special expertise and knowledge can be more productive—sometimes dramatically so—than contractors grinding away on set specifications.
The prospect of a share in control can sometimes motivate private actors to share in the costs of an endeavor, as with the National Park Service’s highly successful partnership program.
Yet partnership also carries grave risks. Its characteristic hazards stem from the defining feature of shared discretion.
Private parties can use their freedom of action to efficiently create public value. Or they can abuse it to shift payoffs from the public to themselves or impose their own preferences. Both happen.
Source: Memo to the President: Getting Public-Private Partnership Right – Promising Practices – Management – GovExec.com
Eight nominees are heading to Capitol Hill this week to face what is expected to be an hours-long grilling from lawmakers – and half are on Democrats’ hit list …
Source: Five things to watch in round 2 of Trump confirmation fights | TheHill
Sens. Elizabeth Warren (D-Mass.)just last week penned a scathing 16-page letter to Betsy DeVos, arguing that she’s unqualified to lead the Education Department and lacks public education experience.
“While past nominees for secretary of Education have served as teachers, school system leaders, and governors, and came to the Department of Education with deep executive experience in public education, you have held no such position,” Warren wrote.
Source: Trump education pick to face Warren, Sanders | TheHill
“Anytime I hear border adjustment, I don’t love it,” he said. “Because usually it means we’re going to get adjusted into a bad deal. That’s what happens.”
Trump, who has proposed lowering the corporate tax rate to 15 percent, told the Journal that he didn’t think border adjustment was needed in addition to lower taxes.
ource: Trump criticizes controversial piece of House GOP tax plan | TheHill
Experts say that going from the current fleet of 274 ships to Trump’s 350 goal will cost about $165 billion over 30 years. And it will be impossible to achieve unless there’s a dramatic increase in the defense budget, currently at $619 billion.
Navy budget expert Ronald O’Rourke said the $165 billion price tag does not include broader costs such as staffing the ships, maintenance and operations.
Source: Trump’s navy build-up comes with steep price tag | TheHill
Mr. Trump repeatedly sought business in Russia as far back as 1987, when he traveled there to explore building a hotel. He applied for his trademark in the country as early as 1996.
And his children and associates have appeared in Moscow over and over in search of joint ventures, meeting with developers and government officials.
Source: For Trump, Three Decades of Chasing Deals in Russia – The New York Times
..their phones aren’t ringing. Their entreaties to Trump Tower in New York have mostly gone unanswered. In Trump world, these establishment all-stars say they are “PNG” — personae non gratae.
Their transgression was signing one or both of two public “Never Trump” letters during the campaign, declaring they would not vote for Trump and calling his candidacy a danger to the nation.
Source: ‘Never Trump’ national-security Republicans fear they have been blacklisted – The Washington Post
Welcome to Reuters live coverage of the first day of the 2017 World Economic Forum in Davos.
Watch for this year’s main themes, including globalization, populism, China — and U.S. President-elect Trump …
Source: World Economic Forum 2017 | Reuters.com
“If you want to build cars in the world, then I wish you all the best. You can build cars for the United States, but for every car that comes to the USA, you will pay 35 percent tax,” Trump said in remarks translated into German.
Source: Trump threatens German carmakers with 35 percent U.S. import tariff | Reuters
British American Tobacco (BATS.L) has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc (RAI.N), creating the world’s biggest listed tobacco company after it increased an earlier offer by more than $2 billion.
The deal, which values the whole of Reynolds at around $86 billion, will mark the return of BAT to the lucrative and highly regulated U.S. market after a 12-year absence, making it the only tobacco giant with a leading presence in American and international markets.
Source: BAT agrees to buy Reynolds for $49 billion | Reuters