President Biden’s $2 trillion infrastructure plan would double funding for transit, but that’s not enough to avoid climate change or provide access to jobs. It also devotes too much funding to EVs, which aren’t a long-term answer. (City Lab)
Biden still doesn’t favor raising the gas tax to fund infrastructure, arguing that it wouldn’t bring in much revenue and would violate his promise not to raise taxes on people making less than $400,000 a year. (Reuters)
Sen. Joe Manchin’s opposition to raising the corporate tax rate to 28 percent could have something to do with corporate donations to his campaign coffers. (Truthout)
Apart from the jobs bill, Biden’s proposed 2022 budget would boost transportation funding by 14 percent, including $625 million for passenger rail grants, $375 million for rail safety and $2.5 billion for transit grants. (Transport Topics)
The Trump administration's fiscal year 2018 budget, released yesterday, includes severe cuts to federal transit funding. Next stop: Congress, which will consider the president's proposal before it passes a budget over the summer.
President Obama will unveil a proposal for a $302 billion, four-year transportation bill during a speech today in Minnesota, according to an announcement from the White House. A fact sheet from the administration indicates the proposal would increase dedicated funding for transit more than funding for highways. The proposal would represent a 38 percent spending […]
With Bernie Sanders pulling off a virtual tie with Hillary Clinton in the Iowa caucuses, it’s time to take a closer look at his transportation policy platform. Two months ago, Clinton released a transportation platform that echoes a lot of the Obama administration’s agenda without including any ideas that might really upset the highway-centric status quo. Does Sanders […]
“America’s infrastructure is slowly falling apart” went the headline of a recent Vice Magazine story that epitomizes a certain line of thinking about how to fix the nation’s “infrastructure crisis.” The post showed a series of structurally deficient bridges and traffic-clogged interchanges intended to jolt readers into thinking we need to spend more on infrastructure. The idea […]