Posts Tagged ‘infrastructure stimulus’

Congress May Delay Infrastructure Plan Until Next Year

July 24, 2017

The Trump administration’s infrastructure plan is taking a back seat to other issues before Congress, including rewriting the U.S. tax code.

Little has been done thus far to advance infrastructure and some in Congress say it might not be taken up until next year.

Sen. John Thune (R-S.D.), chairman of the Commerce, Science and Transportation Committee, said, “I’d like to see infrastructure get done. But I’ve always said, that in terms of how things are sequenced, it’s more likely that they would do tax reform first. And that might push infrastructure into sometime next year.”

Thus far no legislation has been introduced reflecting the administration’s infrastructure plan, which would, presumably, providing funding for road, bridge, railway and other projects.

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Infrastructure Plan to be Released by Late May

May 19, 2017

Secretary of Transportation Elaine L. Chao told a Senate committee this week that the Trump administration’s U.S. infrastructure revitalization plan will be released before the end of May.

However, Chao said in her testimony to the Senate Environment and Public Works Committee that it will be fall before a more detailed plan is presented.  She said that will coincide with a congressional timetable.

“In the interim, obviously the president is very impatient, and he has asked that principles be released, so they should be coming out shortly,” Chao said.

She declined when pressed to provide any details other than to repeat earlier statement that the plan will be focused on using federal dollars to attract additional funding from state and local governments, and the private sector.

“The infrastructure proposal is being put together with a much greater view of principles,” Chao said. “Given the decentralized nature of our transportation infrastructure, there will be seeding of federal dollars that, hopefully, will leverage other monies from the private sector, state and local to $1 trillion.

“Federal funding often displaces state and local funds. We believe that the infrastructure needs are so great that all entities need to collaborate,” she said.

Some senators used the hearing to actively promote transportation projects in their states, ranging from transit capital funding to the Caltrain’s Peninsula Corridor Electrification Project to the need to rebuild Northeast Corridor infrastructure.

Some senators also expressed concern about the future of DOT TIGER and FASTLANE competitive grant programs.

Chao acknowledged that TIGER grants were popular with Congress. A Trump fiscal year 2018 budget blueprint has proposed ending TIGER funding, but Chao said it could re-emerge in a different form.

“The thought was that going forward there be a more holistic approach to infrastructure, and these TIGER grants would be recast some way in the future,” Chao said.