When Donald Trump delivered his acceptance speech early Nov. 9, the only policy proposal he mentioned was his desire to rebuild “our highways, bridges, tunnels, airports, schools, hospitals.” Such a plan is at odds with the fiscal restraint enforced by congressional Republicans, but echoes Sen. Chuck Schumer’s own statements.
November 9, 2016GovernmentBusiness
Donald Trump's $1 Trillion Infrastructure Plan Relies on Private Funding
Republican presidential candidate Donald Trump has revealed details of a $1 trillion plan for infrastructure spending over a decade that relies heavily on private funding.
October 27, 2016GovernmentBusiness
Former Treasury Secretary Urges US to Spend 1% of GDP Annually on Infrastructure
Former U.S. Treasury Secretary Lawrence Summers called for a $2.5 trillion infrastructure investment program over 10 years to energize the American economy and help it exit from secular stagnation.
October 18, 2016GovernmentBusiness
Deficient Infrastructure, Congestion Cost California Motorists $53.6 Billion a Year
Deficient roads and bridges and congested highways in California are costing the state’s motorists $53.6 billion a year and are increasing overall operating costs for trucking and shipping companies, according to a new report by a Washington D.C.-based transportation research group.
September 5, 2016GovernmentBusiness
California’s Bridges Need Upgrade, Says New Report
A quarter of the bridges in California require significant maintenance or upgrades, a nonprofit transportation group noted in a report this month.
August 24, 2016GovernmentBusiness
Transportation Groups Urge Lawmakers to Preserve Funds for State Infrastructure
Groups representing state transportation agencies said they want congressional funding leaders returning to Washington next month to ensure that state transportation departments are not stripped of funds they could use for big-scale infrastructure projects.
August 15, 2016GovernmentBusiness
Almost Half of Registered Voters Say Infrastructure Has Worsened
The country’s infrastructure has deteriorated drastically over the last five years, contributing to congestion on many highways, according to a poll commissioned by the Association of Equipment Manufacturers that was released Aug. 9.
August 9, 2016GovernmentBusiness
Clinton Promises Robust Job-Creating Infrastructure Plan
A multiyear plan designed to boost funding for new highways and bridges would provide employment for people currently looking for work, former Secretary of State Hillary Clinton said while accepting her party’s presidential nomination on July 28 at the Democratic National Convention in Philadelphia.
July 29, 2016GovernmentBusiness
Trump Promises Improved Infrastructure, Jobs if Elected
The country’s infrastructure would be modernized if he is elected, Republican presidential nominee Donald Trump told supporters during his acceptance speech in Cleveland on July 21.
July 22, 2016GovernmentBusiness
Think Tank Presses Presidential Candidates on Infrastructure
With the 2016 presidential contest capturing the country’s attention, a prominent Washington, D.C., think tank reminded the candidates to carry out pro-infrastructure plans when one of them enters the White House in January.
July 20, 2016