Federal Funding
Is Doing Nothing a Politically Acceptable Way to Pay For Transportation?
This week marks the Transportation Research Board's 91st annual meeting, a time when thousands of experts and professionals from across the country descend on the nation's capital to share their ideas, discoveries, theories, and fears with their colleagues in the transportation field. This year, falling in line with political rhetoric from both parties that ties transportation to job creation, the conference's theme is "putting innovation and people to work." Presumably, "innovation" refers in part to the fact that there is little to no agreement on how to pay for transportation investments at the federal level.
January 24, 2012
Do Brookings and Heritage Agree on Public-Private Partnerships?
When government types start to talk about expanding infrastructure, you’re likely to hear the phrase “public-private partnership” thrown around a lot. PPPs (or P3s, or 3Ps) are one of the “innovative financing tools” that policymakers love to hold up as a way to expedite expensive infrastructure projects that taxpayers want but aren’t willing to pay for – or that elected officials want to build but won’t take any political risks to support.
January 20, 2012
Nigeria Strikes For Cheap Fuel
For the last two days, Nigeria has been on fire with national protests against the government’s move to drop the fuel subsidy that has kept gasoline cheap for years. All of a sudden, on January 1, Nigerians awoke to find that gas prices had gone from 65 naira (40 cents) to at least 141 naira (86 cents) per liter.
January 10, 2012
To GOP’s Dismay, DOT Funds Disaster Relief Without Gutting Other Programs
The U.S. DOT announced this morning that it’s allocating almost $1.6 billion for repairs to roads and bridges that were damaged in recent floods and storms. If House Republicans had gotten their way, this money would have come out of high-speed rail funds.
January 9, 2012
Streetsies 2011: The Final Installment
Tomorrow is the last day of 2011, folks. I wish you a Happier New Year than this one was.
December 30, 2011
Streetsies 2011: Bums and Bummers
On our walk down the memory lane of 2011 so far, we’ve talked about some downers, some inspirations, some triumphs, and some struggles. Check out our first two installments of year-end Streetsie award nostalgia. Here’s some more.
December 29, 2011
McCaskill-Collins: Tax Cuts With a Side of Infrastructure, but Hold the Transit
Congress has already delayed their holiday recess by a week, and members are hoping another delay won't be necessary. Among the yet-unfinished business: an extension of the payroll tax cut. House Speaker John Boehner plans to hold a vote today on his bill, which marries an extension of the payroll tax cut to the controversial Keystone XL pipeline. While expected to sail through the House, such a partisan bill is unlikely to pass the Senate. Enter Senators Claire McCaskill (D-MO) and Susan Collins (R-ME).
December 13, 2011
Another GOP Transportation Proposal That’s Really All About Oil Drilling
Democrats in the Senate Finance Committee have been working to find $12 billion to fund the transportation bill for the next two years. All their proposals have met with rejection from the committee's Republicans. Here's why: The Republicans have been holding out for a funding mix that would include their favorite Christmas presents -- oil drilling and attacks on conservation.
December 9, 2011
OMB: Senate Seeking Too Much Highway Money to Fund Transportation Bill
Sen. Max Baucus (D-MT) and his Finance Committee have been looking high and low for a $12 billion patch to fund the transportation reauthorization bill that passed the Senate EPW Committee a few weeks ago. According to Politico’s transportation reporters, the top Republican on the Finance Committee, Sen. Orrin Hatch, has already rejected several of Baucus’s ideas.
December 7, 2011