John Hennessy III,
P.E.
TRANSPORTATION 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.
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BIPARTISAN POLICY CENTER
In the long term, the programmatic framework proposed in this report allows for the achievement of wiser investments. It offers a sound strategy for securing broad public support for policies and resource commitments that will allow the U.S. to continue to achieve high standards of living and remain competitive in a highly mobile, global economy. It provides a way to make substantial investment and tangible improvement to the vital transportation systems on which our nation depends.
LEAGUE OF AMERICAN BICYCLISTS
Rescissions are essentially a book keeping measure when properly administered. It allows USDOT to recoup unspent funds. However, some state DOTs have turned into an opportunity to gut neglected bicycle and pedestrian funding sources in order to preserve favored programs.
Until 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...As 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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Steven C.F. Anderson, Managing Director, InfrastructureUSA, spoke with Hon. Steve Israel at Banking on the Future, a conference presented by Manhattan Borough President Scott M. Stringer, in cooperation with Bernard L. Schwartz, Congressman Steve Israel and the Steven L. Newman Real Estate Institute. The event took place on March 14th, at the William and Anita […]
View this complete post...Last month we conducted an informal survey among colleagues in the transportation community about the outlook for the federal surface transportation program in the year(s) ahead…One comment from a veteran transportation insider summed up concisely the collective mindset: “There will be nothing ‘transformational’ about the future program,” he opined.
View this complete post...Infra repairs = jobs.
Long-term investment will result in generations of improved roads, safer bridges, more efficient transportation systems and so much more.
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Steve Anderson
Managing Director
SteveAnderson@InfrastructureUSA.org
917-940-7125
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