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Posts Tagged ‘Obama Administration’

An Economic Analysis of Transportation Infrastructure Investment

Friday, July 18th, 2014
Why Congress Needs to Reauthorize Funding to Rebuild America

THE WHITE HOUSE: NATIONAL ECONOMIC COUNCIL & THE PRESIDENT’S COUNCIL OF ECONOMIC ADVISORS
A high quality transportation network is vital to a top performing economy. Investments by previous generations of Americans – from the Erie Canal in 1807, to the Transcontinental Railroad in 1869, to the Interstate Highway System in the 1950s and 1960s – were instrumental in putting the country on a path for sustained economic growth, productivity increases, an unrivaled national market for good and services, and international competitiveness. But today, current estimates indicate that America’s transportation infrastructure is not keeping pace with demands or the needs of our growing economy, for today or for future generations.

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The All-of-the-Above Energy Strategy as a Path to Sustainable Economic Growth

Monday, June 2nd, 2014
Figure 1-1: U.S. Crude Oil Production and Net Imports

EXECUTIVE OFFICE OF THE PRESIDENT OF THE UNITED STATES
The All-of-the-Above energy strategy has three key elements: to support economic growth and job creation, to enhance energy security, and to deploy low-carbon energy technologies and lay the foundation for a clean energy future. This report lays out these three elements of the All-of-the-Above energy strategy, and takes stock of the progress that has been made to date and the work that remains to be done.

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US DOT Unveils Details of Proposed Administration Transportation Bill

Friday, May 9th, 2014

Innovation Newsbriefs
Vol. 25, No. 6
For all its stirring of discussion on a myriad of important policy issues, this proposed legislation demonstrates at a core level that the revenue necessary for any such bill is nearly impossible to add up in a way that is both fiscally plausible and politically palatable in the current moment. The “details” the Administration is providing come with an important asterisk (*), denoting the blank slate it ascribes to something called “corporate tax reform,” the very pillar on which the rest of the proposed bill is supposed to stand. As such, the funding plan is not considered to be a serious proposal, but rather a place-holder designed to prompt a “dialogue” with Congress on funding, while encouraging others to come up with something that is more politically realistic in this election year.

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The GROW AMERICA Act: Response from the Infra Community

Tuesday, May 6th, 2014
The Grow America Act: Response from the Infra Community

On Friday, May 2, the Obama Administration and the U.S. Department of Transportation released the GROW AMERICA Act, a $300-billion transportation bill aiming to provide comprehensive solutions to our nation’s transportation woes. According to the GROW AMERICA fact sheet. Despite the bill’s cumbersome acronym (Generating Renewal, Opportunity, and Work with Accelerated Mobility, Efficiency, and Rebuilding of Infrastructure and Communities throughout America) the bill promises to resolve a slew of nagging transportation problems, from environmental impact to financing.

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The GROW AMERICA Act Fact Sheet

Tuesday, May 6th, 2014
Growth Rate of Recent Transportation Reauthorizations

UNITED STATES DEPARTMENT OF TRANSPORTATION
The Generating Renewal, Opportunity, and Work with Accelerated Mobility, Efficiency, and Rebuilding of Infrastructure and Communities throughout America Act, or GROW AMERICA Act, is a $302 billion, four year transportation reauthorization proposal that provides increased and stable funding for our Nation’s highways, bridges, transit, and rail systems. The Administration’s proposal is funded by supplementing current revenues with $150 billion in one-time transition revenue from pro-growth business tax reform. This will prevent Trust Fund insolvency for four years and increase investments to meet national economic goals.

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Mixed Reactions to Obama’s New $300 Billion Transportation Bill

Thursday, February 27th, 2014
President Obama in St. Paul

On February 26, President Obama climbed the steps of St. Paul, MN’s Union Depot train station to announce his new vision for transportation funding. The bill includes a competition for $600 million in transportation dollars, and a four-year surface transportation reauthorization to the tune of $300 billion.

Stakeholders on both sides of the fence have been quick to form opinions, and the fate of the bill remains uncertain–though most agree that action is urgently needed. Selected reactions from the transportation community are excerpted below.

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Veterans Advancing Clean Energy and Climate Security

Monday, November 11th, 2013
Veterans Advancing Clean Energy and Climate Security

The Champions of Change series highlights ordinary Americans who are doing extraordinary things in their communities to out-innovate, out-educate and out-build the rest of the world. On November 5, 2013, the White House honored 12 veterans and leaders who are using the skills they learned in the armed services to advance the clean energy economy.
-U.S. Department of Energy on YouTube

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The Stunning Collapse Of Infrastructure Spending In One Chart

Thursday, November 7th, 2013
Collapsing Bridge

THINKPROGRESS
By Alan Pyke
After hovering around $300 billion per year from the middle of President George W. Bush’s tenure through 2010, government spending on building things not related to defense fell by about $60 billion in just a few years. The drop is a result of Republicans blocking President Obama’s efforts to invest in infrastructure that the country needs.

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Five Clean-Tech Actions for President Obama

Thursday, November 8th, 2012

The election is over and the people have spoken. After months of highly-charged attacks, lively and lackluster debate performances, and never-ending punches and counterpunches, Barack Obama has prevailed as the winner of the 2012 election. It won’t be an easy job. Mr. Obama will need to enable the creation of millions of new jobs, embolden U.S energy, environmental, and national security, and lead our country into a robust economic future – all while dealing with a sharply divided electorate.

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Taking Action, Building Confidence: Jobs Council Report to the President

Monday, October 31st, 2011
U.S. Employment Change from December 2007

THE JOBS COUNCIL
The Challenge: The U.S. Needs to Make Significant Investments in Infrastructure to Stay Competitive with the Rest of the World

U.S. infrastructure has plummeted from eighth to 16th place in the World Economic Forum’s 2005 economic competitiveness ranking.
China now boasts six of the world’s top 10 ports. The U.S. can’t even claim one of the remaining four. Worse, the Shanghai port moves more container traffic a year than the top seven U.S. ports combined.
The U.S. has the world’s worst air traffic congestion—a quarter of flights in the U.S. arrive more than 15 minutes late, and our national average for all delayed flights (about 56 minutes) is twice as long as Europe’s average.

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