Stimulating the Infrastructure $130 billion of construction spending-1
Secretary of Transportation Ray LaHood requests action by the Nation’s Governors to make certifications and other assurances that the funding made available under the Recovery Act will be spent for worthy infrastructure projects. Certification is necessary to permit the timely release of funds.
New ‘Report Card’ Says $2.2 Trillion in Repairs Needed
Discussion on President Obama’s new proposal to cut $1.5 Billion in Construction.
Fixing a looming problem in the Highway Trust Fund–at least for now–President Obama has signed legislation providing a $7-billion infusion for the trust fund’s highway account. The additional money, which will be transferred from the general fund, is expected to keep the account solvent through Sept. 30 or perhaps a bit longer.
A review of the Conference of Mayors’ report on the economic benefits of high-speed passenger rail on cities and their metropolitan areas. Is the report overly ambitious in its analysis of the potential economic benefits considering that high speed rail carries obstacles that might take years to address?
Authorization of the Federal Aviation Administration expired in September 2007. Since then, the FAA – including aviation infrastructure programs – has been operating under a series of short-term extensions. The House is tentatively scheduled to vote on reauthorization legislation (H.R. 915) Thursday, May 21.