John Hennessy III,
P.E.
While little progress has been made since candidate Donald Trump promised a half trillion dollar infrastructure program, or since he revealed a $200 billion federal spending plan which could theoretically leverage both state and private investment earlier this year, chances have improved that a meaningful appropriation could be adopted in the new Congress.
View this complete post...The new rule, Private Investment Project Procedures (PIPP), which is scheduled to go into effect June 29, lines up with the administration’s goal of encouraging private investment in infrastructure projects nationwide. The President’s original infrastructure plan was for the federal government to invest $200 billion in order to encourage more than $1.5 trillion in investment revenue from other sources.
View this complete post...President Trump has promised to shorten the time it takes for federal agencies to approve environmental reviews and issue permits for large public projects. Many have scoffed at the Administration’s claims. But maybe – just maybe – change is in the
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If you can at least organize and come to that common ground, and actually put your name on it like we did with the Problem Solvers Caucus Consensus Position, it carries much more weight…What you see in the Problem Solvers Caucus Infrastructure Proposal is exactly that. Much of this is common sense; much of this are things that the American people, I think, will look at and go, “That’s exactly what we’re looking for; that’s exactly the kind of reforms; that’s the kind of expansion of traditional infrastructure and the non-traditional infrastructure improvements like broadband that need to be done.”
View this complete post...Written by Mary Scott Nabers President and CEO, Strategic Partnerships Inc. President Trump released his Infrastructure Plan on Monday and to no surprise…it pleased almost no one…other than perhaps those who crafted it. Some have questioned whether the plan pleases anyone. The plan has been touted as a $1.5 trillion investment but there is actually […]
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I have enclosed with this message my Administration’s framework for rebuilding infrastructure in America. Our Nation’s infrastructure is in an unacceptable state of disrepair, which damages our country’s competitiveness and our citizens’ quality of life. For too long, lawmakers have invested in infrastructure inefficiently, ignored critical needs, and allowed it to deteriorate. As a result, the United States has fallen further and further behind other countries. It is time to give Americans the working, modern infrastructure they deserve.
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Trump’s first State of the Union address lasted a respectable 1 hour and 20 minutes, and delved into a familiar set of issues: jobs, economic growth, immigration, and national security. Infrastructure made a brief appearance, but many stakeholders around the country, on both sides of the aisle, are left with questions about the exact nature of Trump’s $1.5 trillion infrastructure proposal.
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MANHATTAN INSTITUTE Introduction American infrastructure is in dire need of repair and replacement. Yet decades of experience have shown us that simply showering federal money on infrastructure is not the right solution. Indeed, this approach has been shown to encourage wasteful spending on projects that are politically expedient but economically dubious. Large injections of federal […]
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Will 2016 Election Promises for Significant Infrastructure Investment Be Kept? Today’s political environment can be summed up in two, frustrating words: partisan gridlock. Aside from the year-end sprint to pass tax reform, it has become next-to-impossible to enact major legislation in several areas, including transportation, water infrastructure and energy. Expectations for 2018 nonetheless, remain high.
View this complete post...The expanded use and funding for Private Activity Bonds (PABs) has again taken over the spotlight in infrastructure debate in America. A six-page document claimed to be the draft outline for President Trump’s long-awaited national infrastructure plan was leaked this week and PABs are among the major infrastructure funding principles addressed.
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