President Obama unveiled a $3.7 trillion budget Monday that includes funding for a $50 billion “infrastructure bank” aimed at triggering private investment for some projects, Bloomberg reported.
February 14, 2011Infrastructure News Updates
GAO Report Cites Societal Costs of Trucking
Trucking passes more costs onto society than do other modes of freight transportation, according to a report from the government’s financial investigative agency.
March 1, 2011Proposed Transportation Plan Falls Short of Infrastructure Needs, ATA Says
The Obama administration’s budget outline for the Department of Transportation falls short of effectively dealing with the transportation needs of the nation’s consumers and shippers, American Trucking Associations President and CEO Bill Graves said Tuesday.
February 15, 2011President Calls on U.S. to Upgrade Infrastructure
President Obama said during his State of the Union address that the federal government should “redouble” its efforts to upgrade the nation’s infrastructure, a message met with praise from industry and labor groups.
January 31, 2011Business, Labor Groups Praise Obama’s Stance on Infrastructure
The U.S. Chamber of Commerce and the AFL-CIO released a joint statement Wednesday praising President Obama’s stance on boosting U.S. infrastructure in his State of the Union address Tuesday night.
January 26, 2011Obama Urges Boosting U.S. Infrastructure, Exports
President Obama in his State of the Union speech Tuesday called for more investments in infrastructure even as he urged a partial freeze in federal spending to rein in the U.S. deficit.
January 26, 2011Highway Reauthorization Bill Still Stalemated in Congress
The year began with hopes the Obama administration and Congress could end their stalemate over the highway bill. But like 2009, this year is expected to end without a new long-term reauthorization agreement.
December 21, 2010Mica to Lead House Transportation Committee
As expected, Florida Republican John Mica will head the House Transportation and Infrastructure Committee when the new Congress convenes in January.
December 9, 2010Oberstar Urges One-Year Extension of Highway Legislation
The outgoing chairman of the House Transportation and Infrastructure Committee has urged Congress to approve a one-year extension of current highway legislation so the new Congress that convenes in January will have time to “come to agreement on a funding mechanism for a six-year bill.”
November 19, 2010A Bipartisan Infrastructure Plan
The voters have spoken, and analysts and pundits are busily trying to explain the shifts in the political landscape that will result from the overwhelming Republican victory. But one immediate potential gain that emerged from the cacophony of chatter in the wake of the election is a chance to move transportation and infrastructure improvement programs along quickly.
November 8, 2010Trending
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