economics

Transportation Appropriations Heading to House Floor

The House Appropriations Committee marked up the Transportation and Housing & Urban Development appropriations bill, which passed by voice vote. The bill’s overall total of $51.6 billion in discretionary spending would be $3.9 billion less than fiscal 2012 and $1.9 billion less than the president’s request, however due to the current economic climate the cuts......

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SURFACE TRANSPORTATION BILL STILL UNCERTAIN

The House this week was initially faced with a vote on a motion to instruct conferees to cut transportation funding levels, only to have that motion withdrawn late Thursday afternoon on a technical issue. The motion from Representative Paul Broun (R-GA) would have tied Highway Trust Fund expenditures to estimated gas tax revenues, essentially cutting......

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Transportation Conference Committee Kicks Off Talks

The surface transportation conference committee commenced its first meeting yesterday, with Senate and House conferees taking the opportunity to give opening remarks on what is anticipated to be one of the final hurdles in passing a transportation bill. Senator Barbara Boxer (D-CA), author of MAP-21 (S. 1813) and chair of the conference committee, began the meeting......

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ASCE ENERGIZED FOR LATEST ECONOMIC STUDY

ASCE has released the latest report in the Failure to Act economic study series today – Failure to Act: The Economic Impact of Current Investment Trends in Electricity Infrastructure. This report assesses the nation’s aging energy facilities and analyzes how accelerating investments in the nation’s transmission, generation, and distribution systems will prevent unnecessary costs to......

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Jobs, Jobs, Jobs

The Associated Press distributed a story  yesterday claiming that a surface transportation bill would not necessarily create jobs, but instead shift investments that are already creating jobs to the transportation industry. However, money invested in essential public works can create thousands jobs across the nation, provide for economic growth, and ensure public safety. The nation’s......

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Louisiana Section’s PR Campaign Sets a Great Example

We are repeating this post because we thought the information would also be of interest to the readers of this blog. It was first posted on Friday, January 20th, 2012 As the Louisiana Section was gearing up to release its first state Report Card this month, members realized that spreading the word of their findings......

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ASCE Releases Economic Study on Nation’s Water Infrastructure

ASCE is releasing a report today identifying the long-term consequences to the nation’s economy from failing to invest today in our aging drinking water and wastewater infrastructure. The report is the second in a four part series of economic studies assessing the impacts of continued underinvestment in the nation’s infrastructure systems. The report, Failure......

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Senate EPW approves transportation extension

The Senate Environment and Public Works Committee approved, by a unanimous vote, a draft bill that would extend federal surface transportation programs through January 31, 2012. The legislation would be a clean extension of surface transportation programs and allows the Committee time to continue work on the Senate proposed two year surface transportation authorization bill.......

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