Highway & Transportation

October 21, 2008
A House democratic plan to enact economic stimulus legislation before the end of the year received a boost yesterday as Federal Reserve Chairman Ben Bernanke tentatively endorsed the idea and the Bush administration softened its opposition. Prior to adjournment, the House passed a stimulus bill that, among other things, contained approximately $34 billion for infrastructure investment, including $12.8 billion for the federal-aid highway program; $3.6 billion for transit; $600 million for airport capital improvement projects; $7.5 billion for water infrastructure; $5 billion for the U.S.
October 21, 2008
At its Fall Board meeting this week, AASHTO approved a proposal from its SAFETEA-LU reauthorization task force to recommend to Congress that next year’s surface transportation legislation authorize $544.5 billion in new funding. This would almost double the $286 billion authorized over six years in SAFETEA-LU.
October 16, 2008
As reported Monday, House Speaker Nancy Pelosi (D-CA) convened a forum with economic experts to discuss an economic recovery plan for the nation.  She announced that she would be calling on the appropriate committee chairmen to conduct hearings on various portions of an economic recovery package in the upcoming weeks.
October 14, 2008
House Speaker Nancy Pelosi (D-Calif.) convened a forum with economic experts to discuss an economic recovery plan for the nation on Monday.  Prior to the meeting, AGC sent a letter to Speaker Pelosi urging her to consider economic stimulus initiatives that will positively impact economic activity, including provisions to boost the construction industry.
October 13, 2008
AGC of America is excited to announce the 2009 Highway & Utilities Contractors Issues Meeting, to be held February 5 -7, 2009 at the La Quinta Resort and Club in Palm Springs, California. This meeting is the premier gathering place for contractors and related businesses involved in every aspect of highway and utility construction to hear about and discuss issues and trends in these markets.
October 10, 2008
With the economy continuing to decline, Speaker Nancy Pelosi announced today that House Democratic leaders will convene an economic forum on Monday with some of America’s leading economists. A statement from the Speaker’s office said that the October 13 forum will help Congress develop an economic recovery plan that will create jobs by rebuilding our roads, bridges and highways, prevent cuts to vital government services such as health, education, and public safety, extend unemployment benefits, and help families cope with rising food costs.
October 7, 2008
One of the major issues to be faced by the 111th Congress which begins in January 2009 is the reauthorization of the federal surface transportation programs. SAFETEA-LU expires on September 30, 2009 which leaves the new Congress and the new Administration only nine months in which to draft and approve legislation to carry these programs into the future. A key issue to be addressed will be how to fund highway and transit projects.
October 7, 2008
The 110th Congress adjourned on October 3 after having completed action on the Economic Rescue Plan. In the final week of the session attempts to pass economic stimulus legislation, however, were unsuccessful. Senate leadership left open the possibility of returning for a "lame duck" session following the elections but the House did not. The House passed an economic stimulus bill (264-158) which included $12.8 billion for the federal-aid highway program; $3.6 billion for transit; and $600 million for airport capital improvement projects.
September 24, 2008
Both the House and Senate took action yesterday approving legislation extending for six months authority for Federal Aviation Administration (FAA) programs and the aviation taxes to pay for them. The President is expected to sign the bill. This action was necessary because Congress has been unable to pass an FAA reauthorization bill which has been under discussion for the past year. The 111th Congress must now take up FAA reauthorization next year.
September 24, 2008
House Democrats are advocating for a second economic stimulus bill and infrastructure funding, including highway funding, is being discussed. AGC has sent a letter to the House pointing out the job creation benefits that results from infrastructure funding and pointing out that rising construction material prices and inadequate state budgets have resulted in fewer publics works projects going out for bid.


Subscribe to Highway & Transportation
Go to top