California Gov. Jerry Brown wants to see a 50% reduction in petroleum use by cars and trucks by 2030 and a greater investment in roads and bridges as soon as possible.
January 6, 2015GovernmentBusiness
Senators Introduce Bill to Create New Financing Options For Infrastructure Projects
Republican and Democratic senators have introduced a bill that would expand the tax-exempt private activity bond program and create a new infrastructure tax credit in order to expand states' options for pursing infrastructure projects.
May 4, 2015GovernmentBusiness
Sen. Thune: Congress Should Consider All Options to Fund Infrastructure
The next chairman of a key Senate transportation panel said federal lawmakers should “look at all the options” to keep infrastructure projects funded in the coming years.
January 5, 2015GovernmentBusiness
Sen. Sanders to Introduce Infrastructure Bill
Sen. Bernie Sanders (I-Vt.) plans to introduce a bill in the new session of Congress to authorize $1 trillion in spending over several years to rebuild the nation’s roads and bridges and invest in other infrastructure modernization projects.
January 5, 2015GovernmentBusiness
'60 Minutes' Spotlights Nation's Infrastructure Headaches
Watch as '60 Minutes' examines a problem well-known to the trucking industry: The nation's roads and bridges are crumbling and there's still no movement in Congress to find a permanent solution.
November 24, 2014GovernmentBusiness
Rogoff: Invest in Resilient Infrastructure
Transportation infrastructure needs to be built more sturdily and in safer locations in order to withstand the pounding from changing climate, and failure to do so could result in wasteful spending, a U.S. Department of Transportation official told a transport conference in South Carolina.
November 13, 2014GovernmentBusiness
States Ask Voters to Decide on Infrastructure Measures
Transportation advocates are increasingly taking their case for better infrastructure to the public, a strategy magnified in a number of states as voters head to the polls Nov. 4.
November 3, 2014GovernmentBusiness
Crumbling Infrastructure Fix Seen With Global Trillions of Dollars
The concrete piers of two new bridges are rising out of the Ohio River between Louisville, Kentucky, and southern Indiana, as crews blast limestone and move earth to build the roads and tunnels that will soon connect the twin spans to nearby interstate highways.
October 15, 2014GovernmentBusiness
Missouri Voters Solidly Reject Amendment to Increase Sales Tax for Highway Projects
Missouri voters last week defeated a proposed constitutional amendment that could have raised as much as $6 billion by increasing the state’s sales tax to pay for infrastructure improvements.
August 11, 2014GovernmentBusiness
White House Promotes Private Sector in New Infrastructure Initiative, Urges Congress to Act
President Obama on July 17 signed an initiative aimed at helping state agencies connect with private-sector investors to upgrade the country’s aging transportation infrastructure.
July 18, 2014