MCGRAW HILL FINANCIAL
GLOBAL INSTITUTE
We review recent trends in federal infrastructure spending and the policy case for dynamic scoring of revenue and spending legislation. The use of dynamic scoring depends upon the magnitudes of near‐term impacts on economy‐wide spending and the long‐run impacts on productivity. We conclude that federal infrastructure investment should be dynamically scored…A simple example suggests that $100 billion in new infrastructure spending could generate an extra $62.5 to $165.5 billion in national output over the next twenty years, based on a range of scenarios. Assuming a 20 percent effective tax rate, this $100 billion infrastructure investment would generate a 20‐year revenue offset ranging from $12.5 to $33.1 billion.
Archive for the ‘Funding’ Category
Dynamic Scoring and Infrastructure Spending
Friday, August 28th, 2015Scenario Planning for Freight Transportation Infrastructure Investment
Thursday, August 27th, 2015TRANSPORTATION RESEARCH BOARD
The future rarely moves in predictable, incremental ways. Often seemingly small changes in technology, demographics, regulations, economics, or a myriad of other factors have dramatic and unintended impacts on how any organization (public or private) plans and operates. These nonlinear impacts are very difficult to predict using traditional forecasting methods and techniques since they, by definition, do not follow any historical patterns.
The Benefits of Transit in the United States
Thursday, August 20th, 2015MINETA TRANSPORTATION INSTITUTE
This white paper documents the findings from a review of available research literature on the benefits and costs of transit systems in the United States. The primary goals of this research were to 1) identify benefit-cost (b-c) ratio estimates for U.S. transit systems, and 2) identify the main categories of monetized benefits that derive from transit services in the U.S.
Washington State: Thanks for the Great Transportation Package!
Monday, August 10th, 2015Thank you to Governor Inslee and the Washington State Legislature for passing this monumental transportation package
View this complete post...The Highway Bill: A Realistic Appraisal of its Year-End Prospects
Tuesday, August 4th, 2015Innovation Newsbriefs
Vol. 26, No. 7
Congress has approved and the President has signed a three-month extension of the federal highway program through October 29 —but with enough funding ($8 billion) to keep the Highway Trust Fund solvent through December. When the lawmakers reconvene in September, attention will shift to the bigger struggle over how to craft and pay for a long term highway bill.
The Drive to Revive America’s Ailing Infrastructure
Monday, August 3rd, 2015CASE sponsored ARTBA’s annual National Workshop for State & Local Transportation Advocates in Washington DC. ARTBA EVP/COO Bill Toohey discusses the importance of both federal and state/local funding in securing the investment that our nation’s road, bridges and transportation systems need.
View this complete post...Guest on The Infra Blog: Terry O’Sullivan, General President, Laborers’ International Union of North America (LIUNA)
Thursday, July 30th, 2015Terry O’Sullivan became the tenth General President of the Laborers’ International Union of North America (LIUNA) on January 1, 2000, and is dedicated to growing his union’s membership and market share.
“I think the American public is willing, ready, and able to have that conversation. It’s been too many in Washington DC that have been licking their fingers and seeing which way the winds are blowing, that have been afraid to have that conversation.”
View this complete post...Senator John Thune (R-SD): Why Americans Need a Long-Term Transportation Solution
Thursday, July 30th, 2015U.S. Sen. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, urges his colleagues to pass a long-term transportation bill to fund our nation’s highways, roads, and bridges and provide certainty to Americans whose jobs rely on a reauthorization.
View this complete post...Funding Transit in St. Louis
Monday, July 27th, 2015TRANSPORTATION FOR AMERICA
The St. Louis region has done substantial planning to identify key transit projects that will offer more transportation options, improve access to opportunity and attract talent — and the thousands of jobs now relocating to be near that talent nationally. The region has also instituted local sources of transit funding and has utilized those sources to expand transit in advance of further state or federal funding. However, without the identification of a new source(s) of funding, the region cannot move forward with any major expansion to their transit network.
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