Innovation NewsBriefs Vol. 22, No. 29 An October 26 letter from Sen. Barbara Boxer (D-CA) chairman of the Senate Environment and Public Works (EPW) Committee to Rep. John Mica (R-FL), chairman of the House Transportation and Infrastructure (T&I) Committee has brought to the surface the confusion over funding of the multi-year surface transportation authorization. Sen. […]
View this complete post...Posts Tagged ‘C. Kenneth Orski’
Bridging the Partisan Divide
Tuesday, October 11th, 2011Innovation NewsBriefs Vol.22, No. 28 Two infrastructure-focused meetings on Capitol Hill — one sponsored by the liberal-leaning (or “center-left” as they prefer to be called) Progressive Policy Institute (PPI), the other by the conservative-leaning Free Congress Foundation — have sent an encouraging signal that, when it comes to investment in transportation, the partisan divide is […]
View this complete post...For High-Speed Rail It Looks Like the End of the Line
Monday, October 3rd, 2011Innovation NewsBriefs Vol. 22 No. 27 With its vote on September 21, the Senate Appropriations Committee ended the rail boosters’ hopes of getting a meaningful appropriation for high-speed rail in the new (FY 2012) fiscal year. It probably also dealt a decisive death blow to President Obama’s loopy goal of “giving 80 percent of Americans […]
View this complete post...Legislative Prospects for the Transportation Bill: An Update
Monday, August 22nd, 2011The continuing stalemate over FAA funding offers a foretaste of what awaits us in September when Congress will get down to discussing the transportation bill. Only the stakes will be much higher and the consequences of a deadlock much more serious. That is the sober assessment offered by seasoned Washington observers on both sides of the political divide.
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...Adjusting to Fiscal and Political Realities
Monday, June 20th, 2011The practical implications of this policy for the federal-aid transportation program are unambiguous: federal budget authority in FY 2012 and beyond will be limited to tax receipts flowing into the Highway Trust Fund. Those revenues (plus interest) will amount to an estimated $36.9 billion in 2011 according to the Congressional Budget Office (CBO)— $31.8 billion will be credited to the Highway Account and $5.1 billion to the Transit Account. Over the next ten years, CBO estimates these revenues will grow at an average rate of a little more than one percent per year, largely reflecting expected growth in motor fuel consumption. (“The Highway Trust Fund and Paying for Highways,” testimony of Joseph Kile, Asst. Director of CBO, before the Senate Finance Committee, May 17, 2011).
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