Keyword: spending
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The suspected foreign national terrorist behind the New York City attack that has left at least eight individuals dead came to the United States years ago through the Diversity Visa Lottery, a program that President Trump and pro-American immigration reformers have demanded an end to. According to ABC New York, 29-year-old Sayfullo Saipov — the man who allegedly mowed down pedestrians in the Tribeca neighborhood of New York City — entered the U.S. in 2010 from Uzbekistan under the Diversity Visa Lottery before obtaining a Green Card. The Diversity Visa Lottery gives out 50,000 visas every year to foreign nationals...
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North Carolinians agreed to borrow $2 billion last year to support higher education and infrastructure. Should they borrow a similar amount to more quickly build Interstate 87 and other important roads? Some local officials say yes. For more than a year, Interstate 87 has been a burning issue for elected officials in Pasquotank and surrounding counties. Creating that road from Raleigh to the Virginia state line would cost more than $1.3 billion, based on early estimates, and it could take decades to develop. Just widening U.S. Highway 17 to interstate standards from northern Pasquotank through Camden may cost almost $187...
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BOSTON — One year after the lights went permanently dark inside the Bay State’s remaining human-staffed tollbooths, giving way to the era of all-electronic tolling, a bill on Beacon Hill touted by a powerful Democrat from Lynn would expand tolling throughout Greater Boston, with high-traveled freeways like Route 128, Interstate 93, Interstate 95, and Route 2 transitioning into tollways. State Senator Thomas McGee, the chairman of the Joint Transportation Committee, filed the bill, “An Act Establishing the Metropolitan Transportation Network,” last January. His bill was heard by the committee on Tuesday. Testifying at the hearing against the bill was Citizens...
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All I could do was sigh when I saw a recent article discussing a new study that named the Interstate 95 corridor between Exit 133 and the Fairfax County Parkway as the worst traffic “hot spot” in the nation. The article was circulated around the Prince William County school where I teach. Every minute added onto my 34-mile round trip to work creates huge consequences for me. The trip used to take an ideal 45 minutes, but it has grown to a jaw-dropping 2½ hours — creating significant consequences for me and my children. I am not prone to “road...
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In a fillip to India’s highway development programme, the Union cabinet chaired by Prime Minister Narendra Modi on Tuesday approved a plan to build thousands of kilometres of roads and highways over the next five years at a cost of about Rs 7 lakh crore, a spending push that could help generate jobs and lift the economy. Announcing the Cabinet decision, Union finance minister Arun Jaitley called this public expenditure on infrastructure projects as “unprecedented” and “something which has not happened in the country till date.” The plan involves constructing 83,677 km of roads, highways, green-field expressways and bridges in...
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A SHIFT IN THOUGHT  Desperate for a legislative win, Republicans are preparing to push through a tax-cut package that analysts say could add considerably to the deficit. Voices on the right expressing concern about red ink have been few and far between. WASHINGTON—Republicans have a storied tradition of minding the nation’s fiscal store. Calvin Coolidge pushed for tax cuts, but also for spend-less-than-you-earn budgets. After World War II, the party contributed to fiscal plans that rapidly unwound a war-related surge in debt. In ​the 1990s, ​members of the GOP supported spending restraints that helped usher in a brief era...
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SHIFT IN THOUGHT In a world awash in red ink, Argentina’s reforms since 2015 show how attitudes can shift toward excessive debt. The world’s largest economies are awash in red ink, the International Monetary Fund reported in October. And they are hard-pressed to service their debts, which on average amount to more than twice their domestic output. China accounts for much of this global rise in debt. After a leadership reshuffle this week, Beijing may start to finally tackle the problem. But one country in particular, Argentina, has shown how to change attitudes and turn around an unhealthy dependence...
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Dive Brief: The Michigan Department of Transportation announced it will take on private-sector partners to finish a $1 billion state highway modernization project in Oakland County, MI. Using the public-private partnership (P3) model to design, build, finance and maintain the remainder of the project, rather than waiting on public funds to become available, could shorten the construction schedule by up to a decade, The Detroit News reported. MDOT will issue requests for qualifications from potential private partners before the end of the year, and it anticipates the selection process will wrap up in the summer and fall of 2018. The...
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Diane Black’s political problem — conservatives’ political problem — is America’s political problem: Tax cuts are popular, and spending cuts are not. Representative Black (R., Tenn.) has been chairman of the House Budget Committee for about a year, and she’s enjoyed the experience so much that she’s . . . trying to get the hell out of Washington, hoping to head to Nashville as Tennessee’s next governor. (She declined to comment on the gubernatorial race.) It is difficult to blame her for not wanting to cling to that gavel: Running the House Budget Committee is kind of a stupid job....
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Connecticut abolished tollbooths more than 30 years ago, and every attempt to reinstate them since has been blown out of the water. But that would have to change, says U.S. Rep. John B. Larson, D-1st District, should his proposed underground highway system in Hartford become reality. For the last eight months Larson has talked to nearly every civic group, news editorial board, local business, municipal government, state agency, and federal office, trying to drum up support for his proposed $10 billion “big dig” project. So far, support has been hit or miss for the plan that would sink interstates 84...
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During the 2016 presidential campaign, Donald Trump—like his opponent Hillary Clinton—spoke glowingly about infrastructure spending, alluding to Franklin Roosevelt’s Works Progress Administration and Dwight Eisenhower’s Interstate Highway System as examples of how spending on roads, bridges and airports helped unite the country. For 2017, the American Society of Civil Engineers has given America’s infrastructure an overall grade of D+, estimating it would cost more than $4 trillion to upgrade properly. But President Trump’s $1 trillion dollar, 10-year infrastructure plan has so far moved along at a halting pace. This tortoise-like process may offer an opportunity to think more strategically about...
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If you live in the Bay Area, you’ll be hearing a lot about Senate Bill 595 over the next year or so. If you’re a regular user of any of the region’s seven state-owned toll bridges — that’s all of them, except the Golden Gate Bridge — you’ll want to pay close attention. SB 595, which won final passage Thursday and now awaits Gov. Jerry Brown’s signature, provides for a vote in the nine Bay Area counties next year to raise bridge tolls by as much as $3. If the Bay Area Toll Authority, the agency that oversees the bridges,...
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The Trump administration is developing principles that will guide future highway funding. At a recent White House meeting with state transportation officials, the administration announced it was considering shifting greater funding responsibilities to the states. Along with expanding the private sector’s role and loosening tolling restrictions, these reforms will result in better decisions and management of the transportation system. It makes sense for Congress to support these transportation policy reforms. Ted Mann of the Wall Street Journal recently reported that the administration is thinking about reducing the share of federal dollars that fund highway construction. Rather than receiving the usual...
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Arizona State University researchers have analyzed minerals around the supervolcano at Yellowstone National Park and have come to a startling conclusion. It could blow much faster than previously expected, potentially wiping out life as we know it.
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No city in America runs on anything resembling a free-market model. But Texas' major cities are probably the closest thing, with vast improvements to their economies and living standards to show for it. Their looser land-use laws mean that housing supply grows quickly, stabilizing prices. Their lighter tax and regulatory structure helps businesses locate there and grow. And—shenanigans from the governor's office notwithstanding—their openness to immigrants means they have cheap and robust labor forces.But one market-oriented aspect little discussed is Texas' approach to transportation. The state has 25 toll roads, more than any other state. They are particularly common in Houston and Dallas,...
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The southern, privately built section of Texas 130, which has been an obstacle course of bumps and cracks since shortly after its October 2012 opening, will see $60 million of pavement repairs over the next year in 35 spots between Mustang Ridge and Seguin. Crews in many cases will be removing five feet or more of the road’s “sub-base,” the treated and compacted soil layers that underlie the highway’s asphalt driving surface, replacing it with soil with different, stronger properties, and then repaving those rehabilitated sections. Some repairs will also include installation of impermeable layers of soil alongside the road...
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Last Thursday, Maryland Governor Larry Hogan unveiled a $9 billion project to widen three of the state’s most heavily trafficked highways: I-270, I-495—also known as the Capital Beltway—and MD-295, the Baltimore-Washington Parkway. What the governor’s office dubbed the Traffic Relief Plan involves constructing two express toll lanes each way—or four total toll lanes—to all three highways. Widening the Capital Beltway and the section of I-270 connecting the growing commuter-city of Frederick to Washington, D.C., would cost an estimated $7.6 billion, which the state expects to be financed via public-private partnerships: Private companies would build and maintain the new toll lanes,...
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The nation’s approach to managing public infrastructure is often inefficient. Best practices, such as life-cycle asset management and preventive maintenance, are rarely a priority. We can, however, unlock billions of dollars of infrastructure funding capacity now trapped in existing assets by improving how we build, operate and finance infrastructure. While experts discuss the size and urgency of our infrastructure needs, the debates focus on how to pay for new infrastructure. The Trump administration has identified public-private partnerships (P3) as a primary strategy. A majority of states and D.C. have statutes allowing P3s. Other countries have also adopted P3s as a...
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President Donald Trump’s $1 trillion plan to rebuild America’s infrastructure may be unprecedented in size and ambition, but it mimics a controversial scheme championed by Vice President Mike Pence when he was the governor of Indiana. That’s why Pence is the public face of the Trump initiative, and executives from financial firms that helped privatize Indiana’s toll road are in the White House, busily sculpting Trump’s national plan. Pence and his allies like to boast about how Indiana sold control of major roads to private firms, claiming the move prompted corporations to invest money in infrastructure that would otherwise have...
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Amid a chorus of support from gridlock-weary drivers and the construction industry, Illinois tollway directors approved widening the Central Tri-State Tollway (I-294) Thursday. Officials promised no toll increases but about $120 million for the $4 billion project will come from new fees to be imposed on I-PASS holders when they don't use transponders. A concept plan includes extra lanes, a "Flex Lane" for express buses, and highway interchange improvements at bottlenecks between Rosemont and Oak Lawn. "This is a first step," Chairman Robert Schilerstrom said. "We'll be reaching out to the communities. We're very interested in listening to their input...
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