John Hennessy III,
P.E.
SIERRA CLUB
Each year, America invests more than $200 billion in federal, state, and local tax dollars on transportation infrastructure—bridges and highways, aviation and waterways, public transit and sidewalks.1 But too often transportation projects undermine the higher national goals of reducing oil consumption, increasing safety, improving public health, and saving local, state or federal government—and citizens— money.
Innovation NewsBriefs
Vol. 23, No. 32
At a post-election analysis of federal transportation policy convened by the Bipartisan Policy Center and the Eno Center for Transportation on November 30, a panel of transportation insiders touched upon a variety of familiar questions. Is an increase in the gasoline tax truly off the table? Should it be?
Transportation Issues Daily
President Obama has resurrected his proposal to invest $50 billion in infrastructure and wants it included in the fiscal cliff deal. Republicans were immediately critical of the proposal.
Details were not released, but it is assumed that the proposal is similar to those previously announced by President Obama in 2010 and 2011. Those proposals have not passed the Democratic Senate or the Republican House. It’s debatable how hard the White House has pushed Congress to pass the proposal.
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FEDERAL RESERVE BANK OF SAN FRANCISCO
Increasing government spending during periods of economic weakness to offset slower private-sector spending has long been an important policy tool. In particular, during the recent recession and slow recovery, federal officials put in place fiscal measures, including increased government spending, to boost economic growth and lower unemployment.
US DEPARTMENT OF TRANSPORTATION
The National Airspace System (NAS) handles almost 50,000 flights per day and more than 700 million passengers per year. Air travel is expected to nearly double over the next 2 decades, and the Federal Aviation Administration (FAA) has been working for 8 years to develop the Next Generation Air Transportation System (NextGen).
In it’s relatively short life span (Mayor Rahm Emanuel introduced it March 2012), the Chicago Infrastructure Trust has garnered it’s fair share of skepticism and awe. Check out what experts, journalists, and Mayor Emanuel himself, have to say on the newly formed Chicago Infrastructure Trust. “Sometimes if you want something done right, you’ve got to do […]
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INITIATIVE FOR COMPETITIVE INNER CITY
Do hyper-achieving, fast-growing companies have any limits to growth? That was a question ICIC staff hoped to answer as they scrutinized surveys returned by 2012 Inner City 100 winners this past winter. After all, the average winner had seen its revenue increase at a 40% compound annual growth rate (CAGR) between 2006 and 2010 – the Great Recession notwithstanding. Were winners susceptible to economic gravity?
IHS
An unconventional oil and natural gas revolution is transforming America’s energy economy, with far-reaching impacts on the US economy. It has already created over 1.7 million jobs and, by the end of the decade, will have contributed a total of nearly 3 million jobs. Against a backdrop of a historically slow economic recovery and persistently high unemployment following the Great Recession, the surge in spending associated with unconventional oil and natural gas activity is proving to be an important engine for jobs creation.
Transportation Issues Daily The fiscal cliff and automatic budget cuts could be avoided by cutting$11.4 billion from federal transportation spending in 2013 and $187 billion over ten years. The recommended reductions from Taxpayers for Common Sense are part of a $2 trillion package of cuts to “inefficient, ineffective, or wasteful” programs and projects that would solve the […]
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Steve Anderson, InfrastructureUSA.org Managing Director, and Gregory DiLoreto, P.E., F.ASCE, President-Elect of the American Society of Civil Engineers (ASCE), were guests on The Brian Lehrer Show‘s election-year series, “30 Issues in 30 Days.”
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