Streetsblog Capitol Hill
Kerry: There’s a Narrow Window For GOP Cooperation on Pricing Pollution
The chief sponsor of the Senate climate change bill acknowledged today that there is a narrow window for Republican cooperation on the legislation, thanks to GOP resistance to its central goal -- putting a price on CO2 emissions.
November 4, 2009
Senate Democrats Poke Holes in GOP’s Climate Change ‘Boycott’
Republicans on the Senate environment committee made good on their vow to boycott this morning's first meeting on climate change legislation, leaving Democrats to poke holes in the GOP's insistence on a new Environmental Protection Agency (EPA) analysis of the bill.
November 3, 2009
Buffett’s Bet on Burlington: What Does it Mean for Transport and Energy?
The financial world was riveted this morning by billionaire investor Warren Buffett's move to take full ownership of the Burlington Northern Santa Fe (BNSF) railroad, a $34 billion deal that ranks as the largest ever executed by Buffett's company, Berkshire Hathaway.
November 3, 2009
The Senate Climate Bill Reaches a First Milestone Today — Maybe
The Senate environment committee is slated to begin formally voting on its climate change bill today in an atmosphere of high drama, thanks to Republican members who have vowed to boycott the proceedings in a bid to delay the legislative process.
November 3, 2009
Wall Street’s Infrastructure Tax Shelter Hits Transit — and the Feds Too
The previously wonky debate over the tax shelters known as "lease-backs" or SILOs (short for "sale in, lease out") went mainstream today thanks to a highly readable New York Times op-ed by New York University urban policy professor Michael Moss. He writes:
November 2, 2009
Obama Calls For ‘More Creative’ Ways to Pay For Infrastructure
At a meeting today with his outside economic recovery advisers, President Obama emphasized the importance of shoring up the nation's crumbling infrastructure but warned that the mounting federal deficit would require "more creative, new approaches to financing" investment in transit, bridges, and road repairs.
November 2, 2009
To Limit Distracted Driving, Congress Leans Toward a Carrot-Stick Combo
Partisanship is a fact of life in Washington, often slowing down progress on issues from health care to climate change. But when it comes to preventing the use of electronic devices behind the wheel, a congressional consensus is emerging in favor of federal action -- even as the extent of GOP support for a punitive approach remains decidedly unclear.
November 2, 2009
Has the Government Been Bailing Out Sprawl?
One of the themes of the financial and economic crisis we've faced over the past two years is that government, pressed into responding to serious economic pain, has often found itself supporting the activities that got us into this mess in the first place.
November 2, 2009
The New Curveball: A $150 Billion Transportation Down Payment
At an event with Dick Durbin (IL), the Senate's No. 2 Democrat, Gov. Ed Rendell (D-PA) today threw a curveball into Washington's ongoing back-and-forth over economic recovery, suggesting a $150 billion "front-loaded" transportation stimulus for next year.
October 29, 2009