Not exact matches
President Donald Trump told lawmakers he would support a 25 - cent
increase in the
federal gasoline tax to pay for his plan to upgrade U.S. public
infrastructure, a congressional aide said.
Oregon Representative Peter DeFazio, the top Democrat on the House Transportation and
Infrastructure Committee, who was in Trump's meeting with a dozen Democratic and Republican lawmakers, said the president also told them he would be willing to increase the amount of federal spending beyond the $ 200 billion he is seeking for the infrastru
Infrastructure Committee, who was in Trump's meeting with a dozen Democratic and Republican lawmakers, said the president also told them he would be willing to
increase the amount of
federal spending beyond the $ 200 billion he is seeking for the
infrastructureinfrastructure program.
Signatures are being gathered to repeal last year's gas tax
increase, the receipts from which could be used to match
federal grants under President Trump's proposed $ 1.5 trillion
infrastructure plan (20 %
federal, 80 % local match).
While
federal and provincial governments will continue to play an important role investing in
infrastructure, they simply do not have the resources to meet the demand — pegged at somewhere in the neighbourhood of $ 500 - billion — without a large
increase in tax revenues or drastic cuts to social programs.
Dr. Lacy Hunt: Here's my attitude: the new
federal initiatives, whether tax cuts or
infrastructure or otherwise will not provide a boost to the economy if they are funded with
increases in debt — that's where we're at.
These included the introduction of the Canada Child Benefit and the restoration of the age of eligibility for
federal pensions to 65 from 67, coupled with
increased infrastructure spending in the March 2016 Budget.
The subject of that call: asking the
federal government to
increase funding for local governments to support water
infrastructure needs.
Westchester County Executive Robert P. Astorino, right, stands with Mayor Bill de Blasio, and other local elected officials and transportation advocates, as they urge
increased federal transportation investment in vital
infrastructure in New York, on Nov. 24, 2015, under the Amtrak Rotunda at Penn Station in Manhattan.
«In this period of austerity, national economic uncertainty, unpredictability of
federal funding, and rising social service costs there is an
increasing risk that funding for
infrastructure investments will be curbed to dangerous levels,» Ravitch said in a press release.
The U.S. Chamber of Commerce will call for
increasing the
federal gas tax by 25 cents a gallon over the next five years to help pay for rebuilding U.S. roads and bridges as part of its push for a
federal infrastructure initiative this year.
Riverkeeper Water Quality Advocate Tracy Brown: «To have the
federal government continue to cut the state revolving fund monies that are available to support repair and maintenance is really gonna have a direct impact on water quality and it's gonna
increase the number of sewage
infrastructure failures and the amount of pollution in our waterways.»
A number of local, state, and
federal elected officials have written to FERC, including Republican Congressman Chris Gibson, who says he has serious concerns and rejects the notion that the only way to invest in
infrastructure is to force price
increases.
Overall, the
federal agency received a $ 763 million
increase, according to the Adirondack Council, including $ 300 million each for the Clean Water Fund and Safe Drinking Water Fund; $ 63 million for implementation of the Water
Infrastructure Finance and Innovation Act and $ 50 million for new grant programming to address lead in drinking water.
Finally, it has become increasingly clear that the
federal government, in partnership with the private sector, must
increase our vigilance in the area of cybersecurity and the protection of the nation's critical
infrastructure.
«Once this method is established, state and
federal agencies could restore many bridges at a fraction of the cost and time, and
increase the safety of our transportation
infrastructure.»
With an aging population placing
increasing demands on entitlement programs like Social Security, and likely
federal spending
increases for defense and
infrastructure programs, budgets for scientific research could come under intense pressure.
According to Hewett, the Laboratory hopes to proceed quickly to phase 2, a $ 65 million project that will capitalize on the
infrastructure of phase 1 and
increase the total capacity of the facility by a factor of four; however, it will need state,
federal, and private financial assistance to achieve this end.
And
federal funding for technological
infrastructure is
increasing.
The
federal government's reports on the deteriorating state of public school facilities, most notably a 1995 report from the General Accounting Office (now the Government Accountability Office), brought
increased attention to the need to invest in education
infrastructure.
The
increased discussion and cooperation among school leaders comes as the
federal government is earmarking billions for updating
infrastructure for high - speed Internet access.
National: As President Obama signs the new five - year $ 305 billion FAST ACT highway bill into law, the «public private partnership» industry sees it as a mixed bag,
increasing federal TIFIA
infrastructure subsidies to private investors on the one hand, and allowing states to dip into National Highway Performance Program apportioned funds on the other if TIFIA funding is constrained.
These analyses focus on the economic impact of transportation investments, strategies for using transportation
infrastructure more efficiently, ways of
increasing the economic efficiency of
federal transportation programs, new ways of financing transportation
infrastructure, and analyzing the costs and benefits of transportation rulemakings, in collaboration with the Office of Regulation (C - 50) in the Office of the General Counsel.
This Administration wants to retain the primacy of state and local spending, and use
federal funds as leverage to
increase the total amount of funding available for
infrastructure.
In addition to the activities described above, the FAST Act expanded eligible purposes to include financing economic development, including commercial and residential development, and related
infrastructure and activities, that (i) incorporate private investment, (ii) is physically or functionally related to a passenger rail station or multimodal station that includes rail service, (iii) has a high probability of the applicant commencing the contracting process for construction not later than 90 days after the date on which the RRIF loan or loan guarantee is obligated, and (iv) has a high probability of reducing the need for financial assistance under any other
Federal program for the relevant passenger rail station or service by
increasing ridership, tenant lease payments, or other activities that generate revenue exceeding costs (Transit - Oriented Development Projects or TOD Projects).
Still any movement towards massive
infrastructure spending and tax cuts will lead to inflationary pressures on the U.S. economy and this could mean additional rate
increases by
Federal Reserve Chair, Janet Yellen.
We are hopeful that the 115th Congress will work diligently to fund
infrastructure programs and
increase federal appropriations to important programs.»
Because of the somewhat precarious
Federal finances that may result from Trump's tax, military and
infrastructure enhancement proposals, and budget deficits inherited from the Obama Administration, these
increased revenues could be very crucial to the success of Trump's Administration as a whole and thus his chances for reelection in 2020.
Our recommendation is that we should abandon the sky - is - falling and phantom job loss tactic, and lobby the administration with several «asks,» that could include: MLP / REIT status for solar companies; fast - track permitting; reducing environmental studies; tax - free manufacturing zones in the interest of U.S. national security and to revitalize certain cities; a revision of accounting rules that penalize solar project owners;
federal policy allowing net metering for homeowners and community solar projects; including solar in the upcoming
infrastructure spending bill; and finally
increased PV deployment on
federal buildings.
Budget Battle, Part I: President Obama's Budget Would Invest in Energy Innovation Budget Battle, Part II: House GOP Budget Proposal Slashes Energy Innovation Investments Budget Battle, Part III: Senate Democrats» Aim to Invest in Clean Energy, Innovation,
Infrastructure Post Updated: 03/08/2011 President Obama released his fiscal year 2012 budget proposal this morning, a solid endorsement of the necessity to
increase public investment in energy innovation amidst proposals to indiscriminately cut discretionary spending across all
federal programs.
If the
federal Maternal, Infant and Early Childhood Home Visiting (MIECHV) program was reauthorized with
increased funding, states would serve significantly more families, build
infrastructure, create jobs, and generally strengthen services in their states and communities, according to a new survey by the National Home Visiting Resource Center (NHVRC).
The Dow Jones Industrial Average has surpassed 20,000, a record high, and the economy is expected to benefit as the
federal government cuts taxes, scraps unneeded regulations, and
increases spending on
infrastructure and defense.
To keep the economic recovery on track, Obama said he would take steps to speed approval of
infrastructure projects, help households build their retirement through a new savings bond called MyRAs, and would require companies working under
federal contracts to
increase their minimum wage to $ 10.10.