Infrastructure

The controversial idea has taken on more urgency as transit agencies nationally struggle with low ridership.

The clarifications are predicted to boost bond issuance .

The section of I-95 that collapsed was part of a recent $212 million reconstruction.

The Securing Growth and Robust Leadership in American Aviation Act would reauthorize the Federal Aviation Administration before its funding expires in September.

City finance officials report that its recent $1.56 billion general obligation bond sale was more than six times oversubcribed.

Some Democrats objected to the lack of hearing on the bill, which cements Aviation Trust Fund taxes for the next five years.

The website highlighting newly launched public and private projects comes ahead of the administration's second "Investing in America" tour in July.

Olson, a 20-year municipal bond veteran, replaces Marjorie Henning who retired at the end of April. In his new position, he will be in charge of the Bureau of Public Finance, which manages the city's borrowing for the comptroller.

"It's a quiet revolution," said Reason Foundation's Robert Poole.

The city council is considering a $4.5 billion to $4.8 billion initial phase of the project. Legislation to stymie bonds did not pass the Texas Legislature.