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Entries in U.S. DOT (3)

Friday
Feb242017

Trump to map out infrastructure ideas in address to Congress

The Hill

February 24, 2017

President Trump will begin to map out his highly anticipated ideas for repairing U.S. roads, bridges and airports in the coming weeks, White House press secretary Sean Spicer said Thursday.

Spicer said during the daily briefing that infrastructure issues will be addressed in Trump’s joint speech to Congress next week as well as in the budget, which is expected to be released in mid-March. 

“The infrastructure projects and priorities that the president has talked about it, whether it’s air [traffic] control in our airports or roads and bridges, will be something that he’s going to work on with [the Department of Transportation], but also talk about in his budget,” Spicer said. “You’ll see more in his joint address to Congress.”

Read on...

Thursday
Jan192017

Most Americans don’t want new tolls to pay for road and bridge improvements, poll says

The Washington Post

January 19, 2017

A plan to pump up to $1 trillion into infrastructure by luring private investors won’t win public support if it means new tolls on existing roads and bridges, according to a new poll.

In Washington Post-ABC News poll, 66 percent of those surveyed said they oppose a plan that would grant close to $140 billion in tax credits to investors who put their money into roads, bridges and transit in return for the right to impose tolls.

While the survey question made no mention of the incoming president, prior to the election Donald J. Trump proposed giving private investors an 82 percent tax credit to put money into projects, credits that theoretically would reduce their need to profit from the investment.

Trump said his plan would lead to up to $1 trillion worth of new projects. He said the more than $137 billion cost of the tax credit would balance out because tax revenue would be recouped by taxing the wages of people put to work on the projects and from taxes paid by contractors hired to do the work.

Read on...

Thursday
Aug212014

Editorial: The Do Nothing Approach To Transportation Investment: Why do we keep investing the minimum amount while other countries pass us by in quality and breadth of transportation networks?

So as we sit on our hands and wait we must try to imagine what our country will look like in the future.  Recurring congestion today will not magically improve in ten year’s time with no effort to improve. 

Click here for complete article > FutureStructure

August 19, 2014

Our do-nothing Congress has indeed done something – that thing they do best – by kicking the transportation funding can down the road once more.  We now have a bill that grants the Highway Trust Fund some $11 billion over the next 10 months to help fund the country’s roadways and mass transit projects.

The bill has gimmicks (“pension smoothing”) and critics on both sides of the aisle (a better, alternate proposal to the one passed was a bipartisan creation) with calls for increased taxes to fund transportation investment even from the likes of the U.S. Chamber of Commerce.  Yet we have more of the same while our roads and bridges erode and become ever-more congested.  Our rail and public transit systems struggle to stay afoot despite times of record ridership.  So why do we do it?  Why do we keep investing the minimum amount while other countries pass us by in quality and breadth of transportation networks?...