Posts Tagged "investment"
Would increasing federal transportation investment be enough to solve our problems?
Two mayors from very different cities penned a joint op-ed in the New York Times highlighting the need for Congress to pass a long-term transportation bill and raise new revenues to increase the United States’ overall investment in transportation infrastructure. But their strong piece begs another question: Would raising the level of federal investment be enough to meet our pressing local needs without some major policy changes and reforms to the federal transportation program?
CBO: Highway Trust Fund hole even deeper than expected
New revenue projections for the Highway Trust Fund released this week from the Congressional Budget Office (CBO) show that, not only is the nation’s transportation fund going in the red sooner than expected, but the gap to maintain promised funding levels has increased by about $5 billion.
Ensuring economic prosperity for the future by investing in transportation
We’ve fallen behind the world on investing in transportation and our physical infrastructure, but Building America’s Future lays out a clear path forward to help restore America’s prominence and lay a strong foundation for our economic future. Falling Apart and Falling Behind lays out the economic challenges posed by our ailing infrastructure, provides a comparative […]
Americans want Congress to ‘fix it first’, invest in and improve our transportation system
In the midst of the fervor about the House’s budget resolution for 2011 released Friday, and the President’s budget proposal for 2012 dominating the news this week, a new bipartisan poll from the Rockefeller Foundation contains compelling arguments from a majority of Americans in favor of more investment in transportation.
More infrastructure investment will create jobs, boost economy, according to Treasury Sec. Geithner
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.”
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