Las Vegas Monorail Has Few Lifelines After Losing Earmark Cash to Buses
The beleaguered Las Vegas monorail, which filed for bankruptcy in January after repeatedly failing to meet ridership targets, lost a possible lifeline yesterday when the local metropolitan planning organization, known as RTC, said it would not aid the monorail for fear of diverting resources from its own bus expansion.
March 12, 2010
Is 2010 the Year for Federal Bike Aid? The Answer: A Big ‘Maybe’
This week's National Bike Summit culminated in an ambitious new campaign to recruit a million bike advocates and the unveiling of a new Google Maps bike feature. But in a Wednesday session dedicated to the outlook for federal bike investments, cycling advocates hesitated to declare that they could secure new commitments from Washington.
March 12, 2010
Today’s Headlines
U.S. DOT reports that traffic deaths fell to a 55-year low in 2009 as LaHood vows to make more progress (WaPo Blogs) Brookings’ Rob Puentes anticipates the Senate’s soon-to-arrive “tri-partisan” motor fuel tax, noting that the devil will be in the details (TNR’s The Avenue) Speaking of that “tri-partisan” climate bill, Boxer admits that while … Continued
March 12, 2010
Report: Real Estate Interests Spent $5.5M on Transport Lobbying in 2009
In the debate over how -- and whether -- to set measurable performance standards for determining where federal transportation money gets spent, real estate developers are a quiet but powerful player. In a report released today, the Center for Public Integrity (CPI) tracked the broad reach of land-use interests and found more than 100 groups spending $5.5 million on transport lobbying last year.
March 11, 2010
U.S. DOT Cagey on Funding New Transport Bill as Senators Seek Solutions
Senators began searching today for new strategies to connect local planners with an ever-dwindling pot of federal infrastructure dollars, even as a senior U.S. DOT aide declined to say whether the White House's upcoming principles for the next long-term transportation bill would include funding specifics.
March 11, 2010
New House Jobs Bill Dominated by Direct Aid to Cities
Soon after the Senate signed off yesterday on a $150 billion package of tax extenders and unemployment benefits that was promoted as a job-creation measure -- a bill that lacked dedicated new funding for transportation -- Democrats on the House education and labor committee were releasing their own jobs legislation.
March 11, 2010
Today’s Headlines
LaHood puts airlines on notice: Don’t get in the way of high-speed rail (WSJ) L.A.’s Measure R transit initiative getting national attention, thanks to Washington Post (Streetsblog LA) White House budget office begins reviewing final version of auto fuel-efficiency rules (The Hill) Gas prices rising whether or not Congress addresses climate change — so why … Continued
March 11, 2010
Goldman Sachs: Yes, Build America Bonds Are Good for Transport — And Us
Goldman Sachs today confirmed that the taxpayer-subsidized debt offering known as Build America Bonds (BABs), which have helped several urban transit agencies and state DOTs pay for new projects since last year, tend to result in higher underwriting fees for Wall Street banks than most tax-exempt municipal bonds.
March 10, 2010
Could Transport Bill Inaction Hurt the White House’s Sustainability Push?
The White House's lack of interest in passing a new long-term federal transportation bill before next spring at the earliest is common knowledge in Washington, but the Obama administration has paid little political price so far for its approach to the issue. That began to change today, thanks to two lawmakers on the House panel that controls the U.S. DOT's purse strings.
March 10, 2010
House Moves to Repay U.S. DOT Workers Furloughed by Bunning Filibuster
The House voted today to compensate nearly 2,000 U.S. DOT workers who were forcibly furloughed last week when Sen. Jim Bunning (R-KY) mounted a five-day blockade of legislation extending federal transportation spending for the month of March.
March 10, 2010