Infrastructure

The Des Moines Airport Authority Board approved a long-term site plan that calls for construction of a new, $468 million partially bond-financed terminal but officials still need to identify $200 million in financing.

California's plan to build a $68 billion high speed rail system in the state is being challenged by two counties and a city, which say the plan violates the state's environmental laws.

Rep. Peter DeFazio wants to build highways with a wholesale tax on oil and repeal the federal gasoline tax.

The Orlando-Orange County Expressway Authority board approved a $230 million interchange project in what was likely its final act before the agency is transferred to a new organization.

The Chicago Transit Authority has received a first time rating from Kroll Bond Rating Agency of AA on its upcoming sale of nearly $600 million of sales tax backed revenue bonds to fund capital projects.

President Obama signed into law Tuesday a $12.3 billion water infrastructure bill that funds 34 port, inland waterway, and flood control projects.

Senate Budget Committee chairman Patty Murray says closing corporate tax loopholes would pay for federal transportation funding needed to avoid a shortfall in the Highway Trust Fund.

Connecticut and New York's MTA will jointly pursue $349 million in federal resiliency funds to replace the 118-year-old Walk Bridge in Norwalk, Gov. Dannel Malloy said.

Kroll Bond Rating Agency provided its first rating for a Texas issuer and for an airport June 9, rating Dallas-Fort Worth International Airport AA-minus.

House GOP leaders push ahead with a plan to fund highway projects for a year with savings realized by limited Saturday mail deliveries.