John Hennessy III,
P.E.
Rebuilding America’s infrastructure is a critical pillar of President Donald J. Trump’s agenda to promote job creation and grow the U.S. economy. America’s infrastructure has fallen to 12th in the world and that is unacceptable. Every American depends on our roads, rails, ports, and airports, and the President is committed to fixing this problem, not just pushing more liabilities onto future generations.
View this complete post...The President has consistently emphasized that the Nation’s infrastructure needs to be rebuilt and modernized to create jobs, maintain America’s economic competitiveness, and connect communities and people to more opportunities. The United States no longer has the best infrastructure in the world. For example, according to the World Economic Forum, the United States’ overall infrastructure places 12th, with countries like Japan, Germany, the Netherlands, and France ranking above us. This underperformance is evident in many areas, from our congested highways, which costs the country $160 billion annually in lost productivity, to our deteriorating water systems, which experience 240,000 water main breaks annually.
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The current infrastructure permitting process is insane – even crazier than you can imagine. And only Congress can fix it. Congress needs to do it’s job and streamline the approval process and get America building. Our nation’s economic competitiveness depends on it.
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“I commend the Administration for talking about a trillion dollars, but right now they’re only talking about putting $200 billion of public money up and the rest coming from other sources in the private sector. And while there’ve been some successes of that in this country as well as overseas, I don’t think we can afford to wait for a financing program to fully mature before we make significant infrastructure investments. It has to be done now; the federal government has to recognize that they need to spend this money. They can’t continue to hold the dollars hostage going forward.”
View this complete post...Without doubt, the president’s proposed budget redefines the federal government’s role in infrastructure projects at all levels of government. It outlines “key principles” that Trump wants used to determine projects that will qualify for federal dollars or incentives. It also sends a clear message to elected officials throughout the country that public funding will not be adequate in the future and private-sector investor must be embraced.
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Kentucky is in a prime spot — within a day’s drive of two-thirds of the nation’s population. That makes the Commonwealth a key site for industries needing to transport products across the country. In fact, University of Kentucky economists report more than a quarter of the state’s economy is made up of industries highly dependent on transportation. National surveys of corporate executives rank highway accessibility as the top factor in business location decisions. All of that means transportation infrastructure maintained in top condition is a key requirement for a healthy economy.
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Despite its symbolic value, the yellow school bus creates significant operational and environmental inefficiencies in many districts—inefficiencies that increasingly drain district budgets, hamper families’ access to high-quality schools outside their neighborhoods, and damage the environment.
View this complete post...“There is no silver bullet, just a lot of silver BBs.” That’s how U.S. Sen. Benjamin Cardin described the conundrum facing state and local government leaders dealing with funding shortfalls. At a Tuesday congressional hearing on leveraging federal transportation funding, panelists explained that transportation needs can’t be solved by placing all responsibility on state and local governmental entities. There is agreement that transportation officials need funding options just to maintain the current transportation infrastructure, but state and local leaders are arguing for continued investment from the federal government as well.
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“We’re seeing, over the course of my career, the last 30-plus years, a significant improvement in the public’s understanding of the state of our infrastructure. Does it accelerate that understanding when we have some significant, real and perceived, failures of systems? I think it does. It’s unfortunate that that has to occur to help educate, but when that does happen we’re offered a unique opportunity to expand on the work that’s done…My opinion is continued education and communication on the importance and value of infrastructure is critically important, and we can do that by engaging more people in the infrastructure discussion.”
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In Washington and across the country, there is a growing consensus that it’s time to rebuild America. Few investments would have a greater positive impact on our economy than infrastructure modernization—especially on small and midsize businesses that rely on efficient transportation of goods and reliable access to customers. For businesses, communities, and families, the economic benefit of modernization will be profound. It’s time to get it done. We must not let this moment pass us by.
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