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.
View this complete post...Posts Tagged ‘Budget’
FACT SHEET — 2018 BUDGET: INFRASTRUCTURE INITIATIVE
Wednesday, June 7th, 2017Transportation Industry Reacts to Trump’s “Skinny Budget”
Monday, March 27th, 2017
When the Trump administration released the FY2018 budget proposal, called “America First: A Budget Proposal to Make America Great Again,” infrastructure stakeholders around the country responded immediately. Overall, the budget is characterized by an increase in defense spending and a decrease in lots and lots of other programs, especially in infrastructure-related departments like Energy, Environment and Transportation. The Office of Management and Budget (OMB) will release the final version in May. According to the LA Times Editorial Board, this budget reads like a “wish list of perennial GOP targets” mainly serving to “reveal the White House’s priorities,” rather than indicating actual policy changes.
View this complete post...US DOT: Budget Highlights Fiscal Year 2013
Wednesday, February 15th, 2012
US DEPARTMENT OF TRANSPORTATION
Investment in transportation is critical to the success of our Nation’s economy. The FY 2013 President’s Budget request will enable us to build America’s infrastructure for the future— while putting people back to work today.
Federal Highway Administration Budget Estimates: Fiscal Year 2012
Thursday, August 18th, 2011
FEDERAL HIGHWAY ADMINISTRATION
FHWA’s FY 2012 budget requests $70.5 billion ($69.9 billion net of rescission) and represents a new paradigm in funding our nation’s highways. This request represents the first year of the Administration’s six-year surface transportation reauthorization proposal, which provides $336 billion from FY 2012 to 2017 for highway programs. The proposal reflects a 48 percent increase in funding for road and bridge improvements and construction from the $227 billion authorized in the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU).
View this complete post...How Might Transportation Funding be Impacted by Debt Deal?
Tuesday, August 2nd, 2011TRANSPORTATION ISSUES DAILY
Whether by the hands of the new fiscal commission or through the alternative automatic cuts, federal transportation funding is going to decline dramatically compared to recent years. The Senate transportation proposal, which counted on a $12 billion infusion of general funding, suddenly looks just a little less attainable. So too is the prospect of a better-funded bill in two years, if Congress doesn’t pass a bill this year.
View this complete post...The Senate Transportation Bill Lacks Political Momentum
Monday, July 25th, 2011Innovation NewsBriefs Vol. 22 No. 20 The release by the Senate Environment and Public Works (EPW) Committee of its reauthorization proposal and its July 21 hearing on “Legislative Issues for Transportation Reauthorization” were greeted with a muted reaction. Despite Sen. Boxer’s official optimism, we have encountered widespread skepticism about the bill’s chances of gaining political […]
View this complete post...Building Communities of Opportunity: Highlights from President Obama’s 2012 Budget
Tuesday, June 21st, 2011POLICYLINK
To inform the 2012 budget debate, this document examines primarily two broad arenas—infrastructure investments to grow the economy and connect people to opportunity, and programs that build healthy, stable neighborhoods. These are both critical components in promoting communities rich with opportunity that enable everyone to thrive. We hope that this document will inform the decision-making process of policymakers and fuel the advocacy efforts of those committed to improving the life prospects for our nation‟s struggling communities.
America 2050: High-Speed Rail Down, Not Out
Wednesday, April 13th, 2011Until high-speed rail has a dedicated source of funding, like the highway and transit programs, it will always be subject to annual budget battles and the changing political winds of Congress…Yesterday’s budget news underscores the importance of securing dedicated funding for high-speed rail, such as a penny on the gas tax, a percent tax on oil imports, and a passenger rail ticket surcharge that would grow as the program grows over time.
View this complete post...The Federal Transportation Program and the New Budget Realities
Thursday, April 7th, 2011As Budget Committee chairman Paul Ryan is fond of saying, the debate in Congress has changed from how much we should spend to how much spending we should cut. The April 5 release of his proposed FY 2012 Budget Resolution, subtitled “The Path to Prosperity,” testifies to this new resolve. The New York Times’ David Brooks calls Ryan’s report “the most comprehensive and most courageous budget reform proposal any of us have seen in our lifetimes.” Although the Budget Resolution nominally addresses the FY 2012 budget, its message is likely to resound and influence the debate about fiscal policy and the role of the federal government in the U.S. economy long into the future.
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