The Associated Equipment Distributors (AED) delivered letters to the nation’s 50 state governors, highlighting the importance of transportation infrastructure projects and encouraging them to refrain from decreases in planned investments.
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Trump Outlines New Infrastructure Funding Plan
President Donald Trump has outlined a new $1 trillion plan for spending on roads, rails, water systems and other infrastructure. This time, the president is proposing to rely fully on federal spending.
Read MoreTRIP: Virginia Roads an Impediment to Economic Growth
Roads and bridges that are deteriorated, congested or lack some desirable safety features cost Virginia motorists a total of $9.5 billion statewide annually – as much as $2,583 per driver in some areas – due to higher vehicle operating costs, traffic crashes and congestion-related delays.
Read MoreInfrastructure Bill: How Will We Pay for It?
The House Ways and Means Committee met to discuss how to pay for a proposed $760 billion federal infrastructure bill.
Read MoreCuomo Outlines $275 Billion Infrastructure Plan for New York
New York Gov. Andrew Cuomo outlined the state’s FY 2021 executive budget, which includes a $275 billion infrastructure program.
Read MoreCut in Highway Funding Averted
A provision attached to a stopgap continuing resolution that keeps federal agencies operating through Dec. 20, has stopped a $7.6-billion cut in federal highway funds. The continuing resolution was signed by President Trump.
Read MoreWe Are Lagging Behind
Sept. 26, 2019 – A panel of experts speaking at a House Budget Committee hearing echoed concerns about the nation’s failure to keep pace with its infrastructure challenges. Since 2010, China has spent roughly 8% of its GDP on infrastructure. European countries, on average, dedicate roughly 5% of their GDP to infrastructure. In the U.S., the figure is roughly 2.4% “The United States…
Read MoreNew York Bridge Report Underscores Safety Issues
Ten percent of bridges in New York state are rated in poor/structurally deficient condition, according to a new report released by TRIP, a Washington, D.C.-based national transportation research nonprofit. This includes bridges 20 ft. or longer. A bridge is rated poor/structurally deficient if there is significant deterioration of the bridge deck, supports or other major components.
Read MoreARTBA’s Kramer Outlines N.C. Transportation Funding Options
Variable-rate taxes on motor fuels, registration fees for electric vehicles and road usage charges are among several options North Carolina officials should consider in raising new revenue to fund the state’s growing transportation infrastructure needs, according to the American Road & Transportation Builders Association (ARTBA) Transportation Investment Advocacy Center (TIAC).
Read MoreSenators Stress Need for Action on Transportation Funding
Sen. John Barrasso (R-Wyo.), chairman of the Senate Environment and Public Works Committee, said during a July 10 hearing that he wants to see a five-year surface transportation funding bill approved by the committee by Aug. 1.
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