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Posts Tagged ‘Stimulus’

Learning From the 2009 Recovery Act: Lessons and recommendations for future infrastructure stimulus

Thursday, April 16th, 2020
Learning From the 2009 Recovery Act - report cover

The United States now needs another stimulus. A COVID-19 recession is all but certain. Additional spending will almost certainly follow the CARES Act approved by Congress in late March. While there are enormous needs for relief and support all across the economy, the president and many congressional leaders have indicated that they want infrastructure to be a major part of some future stimulus bill. If Congress wants to use infrastructure spending to create jobs and support recovery, we should learn from the previous stimulus.

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Posted in Funding, Infra Views, Policy, Public Transportation, Smart Growth

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Transportation Investments in Response to Economic Downturns

Wednesday, March 5th, 2014

TRANSPORTATION RESEARCH BOARD
Estimates of the magnitude of the effects of stimulus spending vary over a wide range. However, the preponderance of studies support the conclusion that federal stimulus spending, during a recession or period of high unemployment and when monetary policy is maintaining low interest rates, leads to an increase in gross domestic product (GDP) and in employment, at least in the short term (within 1 or 2 years after the spending).

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Interactive Map: TIGER Awardees

Monday, January 3rd, 2011
TIGER Recipients

“Almost all of these projects have two things in common,” said T4 America director James Corless. ”They will all create desperately-needed jobs while building critical transportation infrastructure, and they have a hard time getting funded under the outdated structure of the current federal transportation program.”
-James Corless, Director, T4America

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Posted in Funding, National, Recession, Recovery, The Infra Blog

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Living in Denial

Monday, October 18th, 2010

The reaction of various advocacy groups to President Obama’s recent call for a $50 billion stimulus spending plan for transportation infrastructure was predictable. They applauded the President’s initiative and thought that Congress should promptly approve the spending request…But convincing the next Congress of the need to act, whether to fund the infrastructure “down payment” of $50 billion or to authorize a proposed $500 billion multi-year surface transportation program, will not be easy.

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Posted in Aging Infrastructure, Bipartisan, Innovation Newsbriefs, National, Policy, Recession, Recovery, Tax, The Infra Blog

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Looking Past the November Midterm Elections

Thursday, September 23rd, 2010

In a guest commentary, Richard G. Little, Director of the Keston Institute for Public Finance and Infrastructure Policy at the University of Southern California, offers his own reflections on how the reality of constrained resources and greater spending discipline in the next Congress might affect our future transportation policy.

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Posted in Bipartisan, Congestion, Democrat, Funding, Highway, Innovation Newsbriefs, Jobs, National, Policy, Recovery, Republican, Roads, Tax, The Infra Blog, Transit

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Breaking the Impasse

Monday, September 13th, 2010

Writing in last week’s Innovation NewsBrief we wondered if the intent behind the White House September 6 proposal to invest an extra $50 billion in transportation infrastructure was primarily a political gesture — to give the economy a short-term pre-election boost — or whether it was a belated but genuine change of heart about the need to act, and act convincingly, on a multi-year surface transportation program. In conversations we held during the past week, we sensed that the transportation community, including senior officials of U.S. DOT, would clearly prefer the $50 billion to be part of a long-term reauthorization effort.

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Posted in Innovation Newsbriefs, National, Policy, Public Opinion, Recession, Recovery, Tax, The Infra Blog

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Find the Companies Near You Receiving Highway Stimulus Money

Thursday, October 29th, 2009

“Nearly 2,000 stimulus contractors have been awarded stimulus money for highway and bridge projects, U.S. Department of Transportation records show” reports ProPublica, the “independent, non-profit newsroom that produces investigative journalism in the public interest.” Check out the Stimulus Contractor Database they have created.

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Posted in Bridges, Economic Stimulus, Funding, Highway, Local, National, Policy, Recovery, Roads, The Infra Blog

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THE HIGH-SPEED RAIL RACE

Thursday, October 8th, 2009

The Federal Railroad Administration is no longer accepting applications for high-speed rail stimulus funds, and it looks like it’s going to take some time for them to sort through all the contestants…

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