Fixing US infrastructure could take 40 years, says Chamber of Commerce CEO

CNBC » Donohue believes fixes needed to U.S. infrastructure include, “bringing up our roads, our bridges, our transit systems and then on larger projects issues of ports and airports.” Waterways and energy systems need work as well, he added. Infrastructure in the United States is “25 years behind at least,” Donohue told “Squawk Box” from the sidelines of the chamber’s infrastructure summit.

2018-01-18T15:54:47+00:00 January 18th, 2018|Federal Programs, Trump & Infrastructure, U.S. News|

Democrats to Trump on infrastructure: Show us the money

Politico » Taking serious action to address the crumbling state of U.S. infrastructure is likely to cost far more than the Trump administration is reportedly willing to spend, says a key Senate Democrat overseeing infrastructure policy. The White House is expected to release an infrastructure plan in the next several weeks. Administration officials have discussed using $200 billion in federal money to draw in state, local and private investment in major public works projects that could boost overall spending to $1 trillion.

2018-01-18T15:56:39+00:00 January 17th, 2018|Federal Programs, Trump & Infrastructure, U.S. News|

U.S. Chamber of Commerce to push Trump, Congress to raise the gas tax to fund infrastructure

The Washington Post » With President Trump and Congress turning their attention to infrastructure in the coming weeks, the U.S. Chamber of Commerce is preparing for an uphill battle: a push to raise the federal gas tax by 25 cents per gallon to help pay for the initiative.

2018-01-16T15:58:22+00:00 January 16th, 2018|Federal Programs, Fuel Tax, Trump & Infrastructure, U.S. News|

Trump, Congress might use ‘earmarks’ for infrastructure projects

The Times-Picayune » President Donald Trump and some members of Congress would like to bring back ‘earmarks,’ amendments to spending bills that fund individual projects, to move infrastructure projects forward. The House Rules Committee is scheduled to hold hearings on the subject this week, titled “Effective Oversight and the Power of the Purse” – a nod to the belief among many Republicans that the earmark ban imposed by House Speaker John A. Boehner in 2011 effectively gave up some of Congress’s unique constitutional power to direct how taxpayer money is spent.

2018-01-17T15:48:21+00:00 January 16th, 2018|Federal Programs, Trump & Infrastructure, U.S. News|

Trump is inclined to ‘just spend money’ on infrastructure, aide says, but House GOP could have issues with that

CNBC » Trump’s ambitions for infrastructure spending will likely meet resistance from House conservatives. “The president’s inclination is just ‘spend money,’ while the House is more talking about public-private partnerships,” an administration official says.

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