Infrastructure

Pennsylvania Gov. Tom Wolf offered support for the Philadelphia Regional Port Authority’s planned development of the Southport Marine Terminal Complex during a visit Wednesday to the 196-acre site.

Michigan Gov. Rick Snyder said he will sign a $1.2 billion road funding package that cleared the legislature late Tuesday after months of fits and starts during ongoing negotiations.

House leaders hope to have a final vote Thursday on a six-year, $325 billion transportation funding bill.

Texas voters approved a new transportation funding formula that could provide $2.5 billion for highways, but the money will not start flowing right away.

Municipal bonds would be hurt under Republican presidential candidates’ tax reform proposals because the plans would lower or eliminate individual and corporate income tax rates, congressional observers said.

While the MTA's $29 billion capital plan is under review by a panel in Albany, the sniping remains in New York.

Phoenix Plans to Issue $117.9 million of revenue bonds for Sky Harbor Airport, whose traffic appears to be growing after dominant carrier U.S. Airways merged with American Airlines.

Fitch ratings affirmed LA/Ontario International Airport, Calif.’s A-minus rating, but also maintained a negative outlook.

Los Angeles International Airport received rating affirmations ahead of plans to price $302 million in general airport revenue bonds.

The $325 billion, six-year transportation bill set for a vote this week in the House falls short of the level of funding needed, President Obama said.