Infrastructure News Updates

GovernmentBusiness

Obama: Fixing Roads, Bridges Will Be a Second-Term Priority

WASHINGTON Infrastructure funding was in the spotlight last week on Capitol Hill, both in President Obamas State of the Union speech and at a congressional hearing.

February 18, 2013
GovernmentBusiness

States Seek New Funding for Infrastructure Upgrades

With federal highway funds dwindling, some states are proposing unprecedented fuel-tax increases, while others are considering legalized gaming and boosting sales taxes to pay for roads and bridge fixes.

February 18, 2013
GovernmentBusiness

House Committee Hears Concerns on Transportation, Infrastructure Funding

The House Transportation Committees first hearing of the new Congress focused on the challenges of maintaining the nations roads and bridges, and Chairman Bill Shuster (R-Pa.) pledged to maintain the federal governments role in transportation infrastructure funding.

February 14, 2013
GovernmentBusiness

Obama Touts Infrastructure, Nat Gas in State of Union Speech

In his State of the Union speech Tuesday night, President Obama pitched a Fix-It First program to address the nations most immediate infrastructure needs and called for more use of natural gas as a transportation fuel.

February 13, 2013
GovernmentBusiness

Congressman Wants Overseas Profits Invested In U.S. Infrastructure

Rep. John Delaney (D-Md.) said Tuesday that he plans to introduce a bill in the next month to create an infrastructure investment office within the Treasury Department as well as a fund to make loans to states.

February 12, 2013
EditorialGovernmentBusiness

Editorial: A $27 Billion Traffic Jam

Heres a double-barreled dose of worrisome news: Trucking wasted some $27 billion in fuel and lost productivity during 2011 due to congestion in the nations largest urban areas; fuel prices spiked in the most recent survey by the Department of Energy, 9.5 cents a gallon for diesel and 18.1 cents for gasoline.

February 11, 2013
GovernmentBusiness

Congestion Costs Trucking $27 Billion Annually, Report Says

Traffic congestion in the largest U.S. cities cost the commercial trucking industry about $27 billion in wasted time and fuel in 2011, according to a report released Tuesday.

February 5, 2013
EditorialGovernmentBusiness

Editorial: Investing in Infrastructure

Its nice to hear from the new chairman of the House Transportation and Infrastructure Committee that he recognizes what dire straits the Highway Trust Fund is in and that hes open to all suggestions as to how to fix it.

February 4, 2013
GovernmentBusiness

All Options Are on the Table for Road Fund, Shuster Says

The new chairman of the House Transportation and Infrastructure Committee said he remains open to any option that can increase the amount of federal funding available for highway projects, including the possibility of raising the federal fuel tax.

February 4, 2013
GovernmentBusiness

Report Says More U.S. Infrastructure Spending Would Boost Jobs, Economy

Increasing annual U.S. infrastructure spending by $157 billion in the next eight years would save $3.1 trillion in gross domestic product, $1.1 trillion in trade and 3.5 million jobs, according to a new report.

January 15, 2013