BART to study feasibility of 2nd Transbay TubeKTVU » BART is moving forward with plans to study the feasibility of a second tube beneath the Bay, the agency said Wednesday. While the idea sounds great, it is a huge and costly endeavor. There has been talk of a second Transbay tube for years, but BART is now seriously looking into it. There is no money to actually build the project which is estimated to cost anywhere from $12 billion to $15 billion. Michelle2018-02-22T15:44:43-08:00February 21, 2018|
Louisiana seeks $600M in federal bonds to fund 4 major projects Gallery Louisiana seeks $600M in federal bonds to fund 4 major projects Federal Programs, Louisiana Louisiana seeks $600M in federal bonds to fund 4 major projectsRoads & Bridges » Gov. John Bel Edwards and Louisiana Department of Transportation and Development (LaDOTD) Secretary Shawn D. Wilson announced the state’s intention to utilize federal Grant Anticipation Revenue Vehicle Bonds (GARVEE Bonds) to construct four major projects in three areas of Louisiana that have been part of the State’s Transportation Master Plan for decades. Michelle2018-02-22T16:59:45-08:00February 21, 2018|
Trump’s economic advisers throw cold water on his proposal to raise federal gas tax Gallery Trump’s economic advisers throw cold water on his proposal to raise federal gas tax Fuel Tax, Response to Trump, Trump & Infrastructure, U.S. News Trump’s economic advisers throw cold water on his proposal to raise federal gas taxCNBC » The president’s Council of Economic Advisers warned on Wednesday that taxing gasoline to pay for infrastructure improvements is an “imperfect” system. The 18.4-cents gasoline levy, which funds federal highway and mass transport spending, was last raised in 1993. Since then, inflation and rising fuel efficiency standards have eroded the purchasing power of funds raised through the tax. Michelle2018-02-22T15:39:54-08:00February 21, 2018|
White House supports Oregon mileage tax program Gallery White House supports Oregon mileage tax program Oregon, Road Usage Charge, Trump & Infrastructure White House supports Oregon mileage tax programThe Hill » The administration’s Council of Economic Advisers (CEA) in an outlook report released Wednesday highlighted Oregon’s OReGO program, which charges its volunteers 1.7 cents for every mile they travel on the state’s public roads. The program then awards its participants with credits for the state’s fuel taxes. Michelle2018-02-22T17:02:52-08:00February 21, 2018|
This is what Oroville Dam spillway looks like mid-February 2018The Sacramento Bee » A gaping hole was discovered in the Oroville Dam main spillway on Feb. 7, 2017, marking the start of a crisis that eventually led to the evacuation of 188,000 downstream residents. A little over a year later, work continues between the emergency spillway weir and cut-off wall, prepping the ground for the splashpad. Michelle2018-02-27T12:14:22-08:00February 21, 2018|
Trump Infrastructure Plan Gets $2 Trillion Nudge From AustraliaBloomberg » In face-to-face talks at the White House this week, Prime Minister Malcolm Turnbull will propose using a chunk of Australia’s A$2.53 trillion ($1.99 trillion) pension savings pool to help unlock funding for Trump’s infrastructure push. He’s being joined on the trip by local money managers who help control the world’s fourth-largest pot of retirement savings. Michelle2018-02-22T15:25:54-08:00February 21, 2018|