Innovation Newsbriefs
Vol. 27, No. 1
In a gesture that looks more like a political testament than a realistic budget proposal, the Obama Administration unveiled a $4.1 trillion plan to fund the federal government in Fiscal Year 2017. The budget includes a hefty $98.1 billion for transportation— a 60% increase over the current annual spending level. To partly pay for the new spending, the Administration is calling for a $10 per barrel tax on oil that would translate roughly into a 25 cent/gallon increase in the price of gasoline at the pump.
Posts Tagged ‘Transportation Bill’
Obama’s FY 2017 Transportation Budget Proposal: Dead On Arrival
Friday, February 12th, 2016The New Federal Transportation Program: What It Means for Your Business – Webinar, December 14th, 1:30pm- 3pm EST
Wednesday, December 9th, 2015
Congress has finally approved a new, long-term surface transportation program – the FAST Act. The $305 billion package will boost investments in highway and transit projects, giving State and local transportation agencies five full years of dedicated federal assistance, unlocking stalled projects and unleashing a new wave of contracting opportunities for engineering firms…To preview how the FAST Act will impact the business outlook for A/E/C firms, The American Council of Engineering Companies (ACEC) presents an exclusive on-line seminar: The New Federal Transportation Program – What It Means for Your Business.
View this complete post...Finally, the FAST Act Is Here!
Monday, December 7th, 2015
On Friday, December 4th, President Obama signed into law the first long-term transportation bill the U.S. has seen in ten years. The “Fixing America’s Surface Transportation” or “FAST” Act marks a long-awaited bi-partisan compromise. The act calls for an 11% increase in funding over its five-year span, and makes provisions for $16 billion in annual transportation funding not covered by the gas tax.
View this complete post...Senator John Thune (R-SD): Why Americans Need a Long-Term Transportation Solution
Thursday, July 30th, 2015
U.S. Sen. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, urges his colleagues to pass a long-term transportation bill to fund our nation’s highways, roads, and bridges and provide certainty to Americans whose jobs rely on a reauthorization.
View this complete post...ASCE: The Road to a New Transportation Bill
Thursday, June 25th, 2015
Hear Senator Inhofe’s insights on the federal government’s role in infrastructure as outlined in the U.S. Constitution in the latest episode of ASCE’s Interchange video series. Gain insight on the importance of a long-term surface transportation bill, and find out what ASCE members and the public can do to help advance this important cause.
View this complete post...Mixed Reactions to Obama’s New $300 Billion Transportation Bill
Thursday, February 27th, 2014
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.
View this complete post...The Cracks in the Nation’s Foundation
Monday, December 10th, 2012The New York Times Sunday EditorialDecember 9th, 2012 Across the coasts of New York and New Jersey, hundreds of millions of gallons of raw and partially treated sewage are spilling into waterways and the ocean. The immediate cause is equipment damage from Hurricane Sandy, but as Michael Schwirtz recently reported in The Times, aging plants […]
View this complete post...After the Dust Has Settled… Some Reflections on the New Transportation Law (MAP-21)
Monday, July 9th, 2012Innovation NewsBriefsVol. 23, No. 21 By a vote of 373-52 in the House and a vote of 74-19 in the Senate, the lawmakers approved a two-year reauthorization of the federal surface transportation program on June 29, just one day before the program was set to expire. In so doing, Congress passed the first multi-year reauthorization […]
View this complete post...MAP-21 Annotated – Ferries Funding Reform
Thursday, July 5th, 2012Transportation Issues Daily The thirty-plus states with public ferry systems will be interested in how MAP-21 significantly reforms ferries funding compared to SAFETEA-LU. It may surprise you to learn that ferries carry more than 100 million passengers annually and operate in over 35 states. They provide a critical transportation option to help ease congestion in […]
View this complete post...The Surface Transportation Extension Act 2012
Wednesday, July 4th, 2012
An Act To provide an extension of Federal-aid highway, highway safety, motor carrier safety, transit, and other programs funded out of the Highway Trust Fund pending enactment of a multiyear law reauthorizing such programs, and for other purposes. Subtitle A—Federal-Aid HighwaysSEC. 111. EXTENSION OF FEDERAL-AID HIGHWAY PROGRAMS.(a) IN GENERAL.—Section 111 of the Surface Trans10portation Extension […]
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