Keyword: spending
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California's $54 billion plan to fix roads and fund highway improvements cleared a major hurdle late Thursday, passing in the state legislature and setting the stage for what could become a massive spending spree. Positive comments last week from analysts about the state transportation plan sent shares of several construction-related companies sharply higher. Some of them continued to trend higher this week and with passage in both houses of the legislature it's possible they could rally Friday. Analysts have suggested beneficiaries of the state spending could include Summit Materials, a construction materials producer, and AECOM, an engineering firm. Summit's stock...
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HARTFORD – Toll talk is back at the State Capitol. Some lawmakers say it will drive billions into the state over the next two decades and others want to put the brakes on the idea.At a hearing, Monday, the proposal to bring electronic tolls to Connecticut highways was discussed, with public comment both for and against it.State accountants said the way Connecticut funds transportation will no longer be sustainable in the next four years and a new revenue source is needed.“This doesn't make any sense at all," State Sen. Toni Boucher said. "This is just another name for another tax...
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Texas is spending record amounts on transportation, but lawmakers worried it is not enough are considering extending a controversial program that’s helped spread tollways through some of the state’s largest areas. A bill approved this week by a House committee would give the Texas Department of Transportation a chance to add six additional projects, including the widening of Interstate 45 north of I-10 and a long-planned Hempstead Tollway, meant to relieve traffic on U.S. 290 with the potential for a commuter rail corridor. The bill, by state Rep. Larry Phillips, R-Sherman, would also allow TxDOT or regional officials the chance...
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For the second time in two major legislative battles, the Trump White House has issued an ultimatum — only to back down. In the health care debate, the president was going to force a House vote on the package and dare skeptical Republicans to vote against replacing Obamacare, before abandoning that plan in the face of defeat. And now, in the government funding debate, he's backing off his previous demand that Congress approve funding for his border wall. As The Washington Post's Philip Rucker, Robert Costa and David Weigel report: But with a Friday deadline looming to pass a new...
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Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Nancy Pelosi, D-Calif., delivered a message to President Trump on Monday morning about Congress' sensitive negotiations over a spending bill that must pass by Friday. That message: Butt out. "It's my view that if the president stepped out of it, we could get a budget done by Friday," Schumer said on a conference call with reporters. "Totally agree," Pelosi said. "We were on the path to get it done until he did intervene." [Snip] Schumer called the wall a "monkey wrench" the president threw into the process, bungling an agreement...
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Facing bi-partisan opposition to including funds to build a wall along the US southern border in the spending bill to keep the government operating past this weekend, President Trump told a group of conservative media representatives that he may drop his insistence for the wall funding if it will help pass the legislation. Bloomberg: "On funding the border wall, Trump said he could get it this week or the administration could come back to it in September," Trey Yingst, a White House correspondent for One America News, reported in a tweet. A White House official who asked for anonymity confirmed what...
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Is this posturing, or is Mick Mulvaney sending a signal that Trump is ready for a government shutdown? Congress is going to have a hot minute or so to pass the omnibus spending bill when they get back in town and the President’s budget boss has decided to toss some gasoline on the bonfire by insisting that funding for the first phase of construction of the wall be included. (Associate Press) White House budget director Mick Mulvaney says that Democratic negotiators on a massive spending bill need to agree to fund top priorities of President Donald Trump such as a...
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The United States could reduce Pentagon spending by over a trillion dollars in the next decade-spending $5.2 trillion rather than the currently planned $6.3 trillion- by adopting strategy of military restraint. That’s the bottom line of a study I produced along with several colleagues as part of “Developing Alternative Defense Strategies 2016,” an exercise organized by the Center for Strategic and Budgetary Assessments, where groups from five think tanks used CSBA’s “Strategic Choices” software to reimagine the U.S. military budget.The others all increased military spending. The teams from the Center for New American Security and the Center for Strategic and...
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The idea of doing away with the Maine Turnpike Authority and eliminating tolls has a long and unsuccessful history through both Democratic and Republican administrations.Gov. Paul LePage revived the concept at a town hall meeting in Gorham on Wednesday night, saying he would like to see the turnpike authority merged with the Maine Department of Transportation and the elimination of almost all tollbooths, having one only in Kittery to collect tolls from out-of-state drivers. “The only toll we should have is for the visitors coming in and out of the state in the summer months,†LePage said, adding that Mainers...
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DENVER (AP) — Colorado's legislative leaders knew they faced a hard sell when they unveiled a bipartisan measure to ask voters for a sales tax hike and a bond issue to generate billions of dollars for transportation. That hard sell was on full display before the Democrat-led House initially approved the bill on party lines Thursday. Even after that approval, Republicans kept trying to change the bill.
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The region’s toll-road agency on Thursday will consider killing a big toll increase for drivers on its 109 miles of roads in the region. A 15 percent toll increase slated for July 1 was set in motion years ago when the Central Florida Expressway Authority was struggling financially. Axing the hike would hold down driving costs for both frequent and occasional travelers on toll roads in the Orlando area. Those using transponders and paying about $100 a month in tolls would be spared a total annual increase of nearly $200, according to the agency, while those who toss quarters into...
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TALLAHASSEE, Fla. - A proposed bill to ban express lanes in Florida died Thursday in the House Transportation and Infrastructure subcommittee. Despite causing an increase in crashes and confusion, express lanes, according to the Florida Department of Transportation, help move people faster, and that if they were eliminated the state would lose $1.5 billion over 10 years. All of that money is used to improve and fix roads. Sen. Frank Artiles, R-Miami, filed SB 250 in January. It that would have allowed the express lanes to remain in operation only until tolls are collected to pay off the bonds that...
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WASHINGTON (AP) - Democrats had hoped the one big policy area they could find common ground with President Donald Trump on was infrastructure, but they don't like what they're hearing from administration officials about the transportation portion of the plan that's still in the works. Trump has promised to generate $1 trillion in infrastructure spending over 10 years. With two of his other top campaign pledges in trouble - an effort to repeal and replace the Obama administration health care law has failed so far, and without savings to the government from health care changes there may not be enough...
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In a matter of days, time will run out on a plan that could cut down on commuting times, pave the way for even less traffic congestion, and potentially give taxpayers a break. For reasons that remain unclear, the General Assembly has ignored the Illinois Department of Transportation's I-55 managed lanes project, and the cost of doing nothing has the potential to harm the state's ability to do business for years to come. The I-55 managed lanes proposal would add an express toll lane between the Veterans Memorial Tollway in the southwest suburbs and the Dan Ryan Expressway in Chicago....
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More Winning… You’re Going to Get Tired of Winning… During the 2016 campaign Donald Trump complained that NATO countries were not contributing their fair share to the alliance. He was right. The United States pays more than any other country to prop up the alliance. Via CNN Money On Wednesday NATO Secretary-General Jens Stoltenberg said during a joint press conference at the White House that allied spending was up $10 billion because of President Trump. This was after Trump repeated his request for NATO countries to keep their side of the agreement.
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State Sen. Frank Wagner, a Republican candidate for governor, said Monday he'd like to turn much of U.S. 58 into an interstate as part of his plan to juice transportation construction in Virginia with an increase in the gas tax. The increase, part of a tiered plan that would charge more per gallon when prices are low, then roll back the rate when prices rise, wouldn't just affect rates in Hampton Roads or Northern Virginia, which have regional taxes. It would be statewide in implementation and effect, Wagner said. Wagner is charting an unusual course in this GOP primary: running...
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Texas had high hopes for the southern segments of SH 130, a 41-mile stretch of the high-speed toll road east of San Antonio. The state had put off building that stretch of road until a pair of investors stepped forward and offered what sounded like a great deal: Texas would get a big check for turning the rights to build and operate the toll road over to a private entity, a move that would give the state a new highway and a share of the tolls. The state would own the road and rake in revenue, but wouldn't have to...
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For some, the possibility of tolls on Interstate 70 across Indiana is going over like a flat tire. But Republican lawmakers who control the legislature say they could help fund new driving lanes and only those who use the road would pay for them. “I think it’s totally unfair,” said Judy Anderson, president of the Vigo County Board of Commissioners. “I don’t think we would be supportive at all.” Pending legislation would let the governor place toll lanes on interstates and bridges, subject to federal approval. Many Vigo County residents commute to jobs in Indianapolis and a large number of...
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BADEN-BADEN, Germany — Governments need to do more to create growth that benefits everyone, and the U.S. should spend more on roads, highways, bridges and airports, the Organization for Economic Cooperation and Development said Friday. The body, which includes the world's better-off countries, said in a report that governments should focus on providing better access to high-quality education and supporting employment for women through measures like affordable child care. It also highlighted the need for more spending on infrastructure. OECD Secretary-General Angel Gurria called for an "upskilling of the workforce" to address worker anxiety about the future of their jobs...
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In their 2017 infrastructure report card, the American Society of Civil Engineers (ASCE) gave the United States a dismal D+—and for good reason. ASCE notes, for instance, that each day 188 million trips are made across the nation’s 56,007 structurally deficient bridges. Another catastrophe like the 2007 collapse of the I-35 bridge in Minneapolis (which killed 13 people and injured 145) seems only a matter of time. In fact, just this past week an elevated section of I-85 collapsed in Atlanta after a fire. A recent state inspection had found numerous cracks and spalling (concrete deterioration) in the structure.  ...
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