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CONGRESSIONAL BUDGET OFFICE
The federal government’s surface transportation programs are financed mostly through the Highway Trust Fund, an accounting mechanism in the federal budget that comprises two separate accounts, one for highways and one for mass transit. Revenues credited to those accounts are derived mostly from excise taxes on gasoline and certain other motor fuels. The fund also is credited with interest on its accumulated balances.
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EveryoneOn launches in Philadelphia from Knight Foundation on Vimeo. In an attempt to level the digital playing field, especially for the 41% of Philadelphians who don’t have home Internet access, yesterday, EveryoneOn had its local launch in Philadelphia. The campaign, also recently launched in Charlotte and other US cities, aims to connect Americans to free [...]
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RECONNECTING AMERICA
The Denver region is currently embarking on one of the most ambitious and extensive investments in new rail and bus service in the United States. In less than a decade, the $7.8 billion FasTracks transportation infrastructure project will connect much of the Denver Metro region with 122 miles of new commuter and light rail, 18 miles of bus rapid transit, 70 new transit stations and a variety of other expanded multimodal options. This investment has the potential to expand the reach of opportunity for many people, providing better connections between housing, jobs and other essential destinations.
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COLLIERS INTERNATIONAL
Port and inland distribution markets that invest CapEx in their transportation infrastructure will capture the economic opportunities from changing global trade patterns and evolving e-commerce. Those that don’t invest the needed CapEx risk capsizing their economies. America needs $3.6 trillion in funding for infrastructure by 2020 to remain competitive (ASCE 2013 Infrastructure Report Card).
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Innovation NewsBriefs
Vol. 24, No. 6
As we have argued in recent columns, no one disputes President Obama’s and the infrastructure advocates’ claim that some of America’s transportation facilities, are reaching the limit of their useful life and need reconstruction. Nor does any one disagree about the need to expand infrastructure to meet the needs of a growing population.
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UNITED STATES GOVERNMENT ACCOUNTABILITY OFFICE
The Federal Aviation Administration (FAA) is pursuing key operational improvements to implement the Next Generation Air Transportation System (NextGen) in the “midterm,” which is 2013 through 2018. These improvements focus on establishing Performance Based Navigation (PBN) procedures at key airports, but benefits could be limited in the midterm. PBN uses satellite-based guidance to improve air-traffic control routes (known as “procedures”). These procedures can deliver benefits to airlines, such as fuel savings and increased efficiency, particularly in congested airspace.
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The International Bridge, Tunnel and Turnpike Association (IBTTA)
The funding crunch facing America’s transportation infrastructure has made it crucial for our cities, counties, states and regions to find innovative ways of funding our mobility. The Federal Highway Trust Fund – the federal government’s primary source of investment in local infrastructure – is running dry, with the gas tax losing much of its purchasing power since its last increase over two decades ago.
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Jason Hartke is the Vice President of National Policy at the U.S. Green Building Council (USGBC). Topics include:
Integrating the Building Process
Common Goals: Sustainability and Resiliency
How Building Green is Working Now
The LEED System: Stretching the Market Toward Sustainability
How to Get Things Done
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Innovation NewsBriefs
Vol. 24, No. 5
During his March 29 visit to the privately built and financed PortMiami tunnel project, President Obama unveiled a new infrastructure plan. His latest proposal—costing $21 billion— includes a renewed call for a National Infrastructure Bank capitalized at $10 billion, a $7 billion “America Fast Forward Bonds” program modeled after the former Build America Bonds; and a sum of $4 billion in direct loans and loan guarantees. The White House announcement did not make it clear whether this latest infrastructure initiative…
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InfrastructureUSA is a project of the nonprofit Open Space Institute, Inc. as part of its Citizen Action Program.