Innovation NewsBriefs
Vol. 24, No. 5
During his March 29 visit to the privately built and financed PortMiami tunnel project, President Obama unveiled a new infrastructure plan. His latest proposal—costing $21 billion— includes a renewed call for a National Infrastructure Bank capitalized at $10 billion, a $7 billion “America Fast Forward Bonds” program modeled after the former Build America Bonds; and a sum of $4 billion in direct loans and loan guarantees. The White House announcement did not make it clear whether this latest infrastructure initiative…
Posts Tagged ‘FIx-It-First’
States Seek to Become More Self-Reliant
Tuesday, April 2nd, 2013Obama’s $50 Billion Fix-It-First Program
Friday, February 22nd, 2013Innovation NewsBriefs
Vol. 24, No. 3
Reactions to President Obama’s $50 billion “Fix-It-First” infrastructure initiative continue to pour in. While the transportation industry and liberal advocacy groups publicly applaud the President, “insider reaction among the major transportation stakeholder groups amounts to profound disappointment on a private level,” wrote the influential Washington Letter on Transportation (WLT) in its latest issue.
Infrastructure Advocacy and Public Credibility
Tuesday, February 19th, 2013Innovation NewsBriefs
Vol. 24, No. 2
Last week, infrastructure was in the news again. President Obama, in his State of the Union address, proposed a $50 billion infrastructure initiative, $40 billion of which would be devoted to a “fix-it-first” program targeted at urgent improvements such as “structurally deficient” bridges. The following day, the House Committee on Transportation and Infrastructure held a hearing on “The Federal Role in America’s Infrastructure,” focusing on the importance of infrastructure for the U.S. economy and the federal role in its preservation and expansion.
President Obama’s State of the Union Address, 2013
Wednesday, February 13th, 2013Transportation Issues Daily
Surprising many of us, President Obama proposed two new infrastructure programs in his State of the Union speech earlier this evening.
A “Fix-It-First” program would focus on putting “people to work as soon as possible on our most urgent repairs” like deteriorating bridges and roads. A “Partnership to Rebuild America” would attract private capital to upgrade port infrastructure, pipelines, schools, and likely other infrastructure.
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