Stories tagged with infrastructure bank

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Kerry-Hutchison-Warner infrastructure bank would leverage private investment for revenue-generating projects
March 29, 2011
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Last week, a bipartisan group of U.S. Senators introduced a bill to create a variation of the national infrastructure bank touted by President Obama. The BUILD Act is sponsored by Senator John Kerry, the 2004 Democratic presidential nominee from Massachusetts, as well as Texas Republican Kay Bailey Hutchison and Virginia Democrat Mark Warner, a former governor with a history of prioritizing transportation infrastructure.

Transportation for America applauds the President’s six-year investment plan for transportation
February 14, 2011
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New poll figures show Americans agree on his proposed priorities WASHINGTON, DC, February 14, 2011 — President Obama today unveiled a fiscal 2012 budget proposal that calls for investing $128 billion in transportation infrastructure as a first installment on a long-awaited six-year investment plan totaling $556 billion. James Corless, director of Transportation for America, issued this [...]

President Obama proposes $556 billion, six-year federal transportation program
February 14, 2011
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President Obama released a budget for fiscal year 2012 this morning that includes a significant boost to our nation’s infrastructure and a long-overdue emphasis on options and accountability. The $556 billion, six-year proposal is an ambitious standout in a largely sober blueprint.

More infrastructure investment will create jobs, boost economy, according to Treasury Sec. Geithner
February 10, 2011
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U.S. Treasury Secretary Tim Geithner hammered on the job-creation and economy-boosting effects of the Obama administration’s plan for infrastructure investment in a blog post on the department’s website. Writing the same day Vice President Biden and Transportation Secretary Ray LaHood were in Philadelphia promoting a $53 billion, 6-year passenger rail package, Geithner argued that investing in our nation’s roads, bridges, rail and transit systems creates “both immediate and long-term economic benefits.”

Building America’s Future brings bipartisanship to rebuilding the country
January 21, 2010
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For two years now, Building America’s Future has been beating the drum for substantive investment in our nation’s roads, bridges, railways and ports. This week, the bipartisan coalition ramped up its message to Washington with a press conference pushing for a National Infrastructure Bank.

President Obama: “I would like to see some long-term reforms in how transportation dollars flow…”
February 18, 2009
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President Obama gave an interview to five columnists aboard Air Force One last week, talking at length about infrastructure, transportation, and the need to make serious reforms in transportation spending — hinting at how proper investments in transportation can help boost the economy while making the downpayment on a 21st Century transportation system we’re all hoping for.

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