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Posts Tagged ‘Infrastructure Bank’

Making the Grade: The Six-Point Plan to Bring Our Infra Back

Tuesday, July 22nd, 2014
Making the Grade

America, a nation that was once the world’s model for public infrastructure development, has declined to near-failure. Our neglect has already led to thousands of crumbling roads, decaying bridges and drought-stricken regions. A concrete plan to get us back on track just couldn’t come soon enough. That’s exactly what Autodesk’s new report, Making the Grade, intends to do. The report represents the consensus of experts from over 45 public and private companies who participated in a roundtable discussion convened by the White House Council on Environmental Quality. Making the Grade offers a strong case for increased awareness, prioritization, and investment across the country.

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INVEST BUT REFORM: Establish a National Infrastructure Bank

Monday, August 26th, 2013

BROOKINGS INSTITUTION
Congress should establish a National Infrastructure Bank (NIB) capitalized with the proceeds from a onetime repatriation tax holiday. The primary barrier to an NIB—a targeted mechanism for financing infrastructure projects of national significance— is finding a way to build the loan fund. Untaxed overseas corporate profits, which currently provide little support to overstretched federal budgets, represent an untapped revenue source that could quickly fund an NIB, without a direct appropriation.

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The Fantasy Solution of an Infrastructure Bank

Tuesday, April 17th, 2012

Transortation Issues Daily
When a new Congress or member proposes an infrastructure bank (learn more from Wikipedia), like clockwork I will hear from a couple of State DOT CFOs who say in frustration: “But that’s financing, not funding.” It’s great to have more financing tools and great to accelerate projects, my friends say, but financing rarely adds the additional new funding that is needed to address our long range needs and growing infrastructure deficit. The funding and projects deficit grows due to rising vehicle fuel efficiency, increased construction costs, inflation, and more roads reaching old age and needing preservation and maintenance.

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Infrastructure Bank is DOA in House, Mica Declares

Thursday, October 13th, 2011

Transportation Issues Daily House Transportation Chair John Mica opened a hearing on an infrastructure bank by stating “I’m afraid that the national infrastructure bank is dead on arrival in the House.” The lone witness in favor of creating a federal infrastructure bank, Marcia Hale, president of Building America’s Future, observed a federal infrastructure bank is […]

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What the American Jobs Act Means for Your State

Wednesday, September 21st, 2011
The American Jobs Act: What It Means for Your State

THE AMERICAN JOBS ACT

Learn how the the President’s plan will create jobs and put more money in the pockets of working Americans in your community. Select a state from the map below to download an overview of how the American Jobs Act benefits people in that state.

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Another Stimulus Bill or a Down Payment on a Bold New Infrastructure Plan?

Tuesday, September 7th, 2010

Marking the beginning of an intensive pre-election campaign, President Obama unveiled what he called “a bold new vision to renew and expand America’s investment in transportation infrastructure”…The plan would: (1) abolish modal “silos” by combining roads, transit, railways, airport development and the air traffic control system (NextGen) in a single consolidated transportation infrastructure investment plan; (2) integrate high-speed rail (HSR) into the surface transportation program thus ensuring a sustained commitment to a national HSR program over the next six years; (3) establish an Infrastructure Bank to fund investments of national and regional significance; (4) streamline the surface transportation program by consolidating the many different programs and use analytical measures of performance to identify and prioritize investments of critical importance to the nation’s economy.

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Video: Obama’s Proposal to Increase Infra Spending

Tuesday, September 7th, 2010

“…I am announcing a new plan for rebuilding and modernizing America’s roads and rails and runways for the long term. I want America to have the best infrastructure in the world. We used to have the best infrastructure in the world. We can have it again. We are going to make it happen.”
President Barack Obama

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Reactions to Obama’s Infrastructure Announcement

Tuesday, September 7th, 2010

“…I am announcing a new plan for rebuilding and modernizing America’s roads and rails and runways for the long term. I want America to have the best infrastructure in the world. We used to have the best infrastructure in the world. We can have it again. We are going to make it happen.”
-President Barack Obama

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Infra to the Forefront! Obama Proposes $50 Billion for Transportation

Tuesday, September 7th, 2010

President Obama’s latest proposal SHOULD usher in a period of a serious national American dialogue about the entire subject of infrastructure.

If not now–with trillions at stake, a multi-billion dollar proposal, urgent need for more jobs and enough evidence to eliminate almost any lingering infra deniers–when?

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Guest on The Infra Blog: Financier Felix Rohatyn, well known for his role in preventing the bankruptcy of New York City and an early advocate of infrastructure investment.

Thursday, December 3rd, 2009
Felix Rohatyn

Felix Rohatyn has served as a managing director at investment firm Lazard Frères & Co, an advisor to Lehman Brothers, and U.S. Ambassador to France.  From 1975 to 1993, he was chairman of the Municipal Assistance Corporation of the City of New York, and is largely credited with saving New York City from bankruptcy during […]

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