Hoping to sustain interest in the Committee’s efforts to enact a new multi-year transportation bill during this session of Congress, Reps. James Oberstar (D-MN) and Peter DeFazio (D-OR), leaders of the House Transportation and Infrastructure Committee, convened a hearing on April 14 to explore innovative ways of financing highway and transit investments. But while the hearing provided a useful survey of available financing tools and programs, it produced no new answers to the key question that has bedeviled transportation advocates for many months and remains as the chief obstacle to moving the legislation forward— the question of how to pay for the proposed multi-year surface transportation program.
View this complete post...Archive for the ‘Innovation Newsbriefs’ Category
Innovative Financing Is No Substitute for New Funding
Monday, April 19th, 2010The Promise and Risks of Public-Private Partnerships
Monday, April 5th, 2010A recent series of events, notably an invitational conference on Public-Private Partnerships convened by the National Conference of State Legislatures (NCSL), has focused attention on the role of public-private partnerships (PPPs) in transportation, and underscored once again the need to more clearly define the proper federal role in PPP oversight.
To share its findings with the transportation community and seek its input, the NCSL invited an influential group of state legislators and leading members of the transportation community to a meting on March 26 to consider the next steps.
View this complete post...The Federal Surface Transportation Program Gets a New Lease on Life
Thursday, March 25th, 2010The HIRE Act (Hiring Incentives to Restore Employment Act, H.R. 2847, P.L 111-147), signed by the President on March 18, has placed the federal surface transportation program on a firm footing and taken the pressure off the lawmakers and the White House to come up with a more permanent solution — at least for a while.
View this complete post...What Can We Expect from Congress in September?
Thursday, August 13th, 2009“Congress has adjourned for the summer recess with neither house taking action to extend the federal surface transportation program. Understandably, the transportation community is rife with speculation about what is likely to happen in September when the existing program authority is scheduled to expire.”
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