infrastructure

House approves short-term extensions

This afternoon the House of Representatives passed legislation which will extend Federal Aviation Administration (FAA) and surface transportation programs at current funding levels while Congress continues to work on long-term reauthorizations. The legislation is titled, “Surface and Air Transportation Programs Extension Act of 2011” (H.R. 2887) and will extend the current FAA authorization until January......

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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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Falling Apart & Falling Behind

Building America’s Future (BAF) unveiled their own study on transportation infrastructure titled, Falling Apart and Falling Behind, which highlights how crumbling transportation system makes the nation less competitive. Falling Apart and Falling Behind findings fit with the results of ASCE’s recent Failure to Act: The Economic Impact of Current Investment Trends in Surface Transportation Infrastructure.......

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FAA Update

On Thursday the House and Senate reached an agreement on a new FAA extension. Senate Majority Leader Harry Reid (D-NV) announced a bipartisan deal to reopen the FAA and restore the government’s authority to collect airline excise taxes and fund airport construction. The agreement was the result of Transportation Secretary Ray LaHood using the waiver authority granted......

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Failure to Act report released

“We cannot solve the budget deficit without solving the infrastructure deficit.” – Representative Earl Blumenauer Today, ASCE released Failure to Act: The Economic Impact of Current Investment Trends in Surface Transportation Infrastructure. The report found the nation’s deteriorating surface transportation infrastructure will cost the American economy more than 870,000 jobs, and suppress the growth of......

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Failure to Act

Have you ever wondered how much congestion costs you or what underinvestment in infrastructure really means? As if the nation’s economy isn’t struggling enough, a new study about to be released by ASCE finds the cost of deficient transportation infrastructure to American households and businesses is staggering. Wednesday, July 27th ASCE will release, “Failure to......

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Hotel industry to be hurt by aging infrastructure

Earlier this week Jonathan Tisch, CEO of Loews Hotels, commented that the nation’s aging infrastructure will be the next hurdle the travel and hospitality industries will need to overcome. Tisch was speaking at New York University International Hospitality Industry Investment Conference, where he asked fellow hotel industry leaders to band together and create momentum for......

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