It isn’t often that industry supports raising taxes. That seems to be the case with American roads and bridges, however, with both industry officials and the Trump administration signaling that they might be amenable to raising the federal fuel tax to pay for road improvements.
May 22, 2017Infrastructure News Updates
World’s Biggest Private Equity Manager Unveils $100 Billion Ambition for Infrastructure
Blackstone Group, the world’s biggest private equity manager, is eyeing more than $100 billion in infrastructure investments with a new strategy anchored by Saudi Arabia’s Public Investment Fund.
May 22, 2017Trump Budget Said to Include $200 Billion for Infrastructure
President Donald Trump will propose spending $200 billion in federal funds over 10 years to spur investment in the nation’s infrastructure, a senior Office of Management and Budget official said.
May 22, 2017Congressional Leaders Vow Action on Infrastructure
WASHINGTON — Legislation that would ensure long-term funding for infrastructure projects nationwide will make its way through the transportation committees in the House and Senate, the chairmen of those panels announced last week.
May 22, 2017Infrastructure Plan, FASTLANE Grants to Be Announced Soon, Chao Says
WASHINGTON — Details of a long-term infrastructure plan and the recipients of additional funding for freight projects will be announced soon, Transportation Secretary Elaine Chao told a Senate panel May 17.
May 22, 2017Donohue Hopes Infrastructure Bill Spurs Economy While Fixing Roads
WASHINGTON — U.S. Chamber of Commerce President Thomas Donohue says the Trump administration’s $1 trillion infrastructure bill should attempt to mitigate highway bottlenecks, promote long-term economic growth and update regulations to make private investment more attractive.
May 22, 2017Stakeholders Pessimistic About Quick Action From Capitol Hill on Highway Funding Bill
WASHINGTON — Little optimism was heard from podiums and audiences at Infrastructure Week events last week that Congress will pass President Donald Trump’s planned $1 trillion infrastructure funding bill soon, or that the federal government will be looking to public- private partnerships to plug a gaping hole in the Highway Trust Fund.
May 22, 2017Replay: LiveOnWeb Infrastructure Week Reporter Roundtable
As Infrastructure Week wraps up, TT Congressional Reporter Eugene Mulero was joined by three Capitol Hill watchers to assess what was accomplished in a special Reporter Roundtable edition of LiveOnWeb. Watch the replay.
May 19, 2017Infrastructure Stakeholders Press Congress, Administration for Funding Boost
WASHINGTON — Representatives from the construction sector are on Capitol Hill on May 18 to urge federal lawmakers to ensure the long-term solvency of a highway account.
May 18, 2017House Transportation Panel Will Take Up Infrastructure Bill This Year, Chairman Says
WASHINGTON — A long-term infrastructure funding bill will be considered by the House Transportation and Infrastructure Committee, the panel’s chairman told Transport Topics on May 17.
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