Infrastructure News Updates

GovernmentBusiness

Transportation Experts Debate Proposals for Keeping Highway Trust Fund Solvent

WASHINGTON — A panel of transportation experts debated several proposals to rescue the nearly insolvent Highway Trust Fund but offered little hope that Congress, facing a May 31 deadline to pass a transportation bill, would approve a long-term solution.    

May 14, 2015
GovernmentBusiness

Virginia Says P3 Partnerships are Working, and the State Wants More

ARLINGTON, Va. — Virginia celebrated 20 years of public-private partnerships for infrastructure, recommended them to other states and is looking for a P3 arrangement to improve Interstate 66, which runs from Washington, D.C., to the west.

May 12, 2015
GovernmentBusiness

Policymakers, Financiers Agree on Infrastructure Crisis, but Not on Funding Mechanisms

WASHINGTON — Policymakers and Wall Street veterans made pleas May 11 for greater investment in the nation’s infrastructure but acknowledged the stumbling block is still the same — how to pay for it.

May 11, 2015
GovernmentBusiness

P3s See Federal Inaction as Elevating Their Importance

WASHINGTON — The biggest challenges facing infrastructure public-private partnership proposals are in persuading public officials and taxpayers to accept some level of financial and possibly environmental risk, and in convincing public employees they won’t lose their jobs, a panel of P3 supporters said at a May 11 “Infrastructure Week” event.

May 11, 2015
GovernmentBusiness

Infrastructure Jobs Lift Economic Well-Being of Low-Income Workers, Brookings Study Says

Infrastructure jobs provide higher and more equitable wages for low-income workers compared with all job categories nationally, said a new report that makes the case Congress should approve a long-term transportation bill.

May 7, 2015
GovernmentBusiness

Senators Introduce Bill to Create New Financing Options For Infrastructure Projects

Republican and Democratic senators have introduced a bill that would expand the tax-exempt private activity bond program and create a new infrastructure tax credit in order to expand states' options for pursing infrastructure projects.

May 4, 2015
GovernmentBusiness

Calif. Gov. Brown Wants Petroleum Use Cut 50%, More Money for Roads, Bridges

California Gov. Jerry Brown wants to see a 50% reduction in petroleum use by cars and trucks by 2030 and a greater investment in roads and bridges as soon as possible.

January 6, 2015
GovernmentBusiness

Sen. Thune: Congress Should Consider All Options to Fund Infrastructure

The next chairman of a key Senate transportation panel said federal lawmakers should “look at all the options” to keep infrastructure projects funded in the coming years.

January 5, 2015
GovernmentBusiness

Sen. Sanders to Introduce Infrastructure Bill

Sen. Bernie Sanders (I-Vt.) plans to introduce a bill in the new session of Congress to authorize $1 trillion in spending over several years to rebuild the nation’s roads and bridges and invest in other infrastructure modernization projects.

January 5, 2015
GovernmentBusiness

'60 Minutes' Spotlights Nation's Infrastructure Headaches

Watch as '60 Minutes' examines a problem well-known to the trucking industry: The nation's roads and bridges are crumbling and there's still no movement in Congress to find a permanent solution.

November 24, 2014