economics

Obama Proposes Plan for Infrastructure Funding

President Obama today gave another in his series of economic speeches at an Amazon distribution center in Tennessee to propose a cut in corporate tax rates in return for a commitment from Republicans to invest more in programs spurring middle-class jobs. As stewards of our nation’s infrastructure, the ASCE is encouraged by President Obama’s proposal to direct......

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Can-Do States Who Tackle Infrastructure Are Just What the U.S. Economy Needs

Sometimes you just have to do it yourself. That’s the message some states seem to be sending as federal infrastructure bills like the Water Resources Development Act keep getting sidelined by Congress or only seeing short-term efforts like the MAP-21 Transportation Reauthorization. The Metropolitan Policy Program at Brookings has called these states that have decidedly......

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Obama Expands On Infrastructure Proposals

President Obama last week provided more detailson his infrastructure plans that were first mentioned during the State of the Union address. The administration released a fact sheet that offers some specifics, however many of the details will still have to wait until the President releases his budget proposal in a few weeks. The announcement this......

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The Federal Role in Infrastructure

The House Transportation and Infrastructure Committee held a hearing on Wednesday to examine the federal role in infrastructure.  The hearing came the day after President Obama proclaimed in his State of the Union address that that nation must make a commitment to fix the infrastructure that we have. Chairman Shuster (R-PA) put together an A-list......

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ASCE Statement on the President’s State of the Union Address

The following is a statement from Gregory E. DiLoreto, P.E., P.L.S, D.WRE, president of The American Society of Civil Engineers (ASCE), regarding President Obama’s State of the Union address: “As stewards of our nation’s infrastructure, the American Society of Civil Engineers applauds President Obama’s efforts to improve our country’s ailing infrastructure and get America back......

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Driving Off the Fiscal Cliff

Congressional leaders and Obama Administration officials continued to meet behind closed doors the past several weeks in order to come to a compromise on the fiscal cliff. Many in Washington are speculating the possibility that the federal gas tax may be reexamined as a revenue option during discussions. Incoming House Transportation and Infrastructure Chairman Bill......

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