Infrastructure

While there is wide agreement Northeast infrastructure is rotting, there is nowhere near the same consensus about what to do and how to pay for it.

Rep. Paul Ryan's proposed fiscal 2015 budget "takes a bipartisan jackhammer" to transportation funding, said Rep. Nick Rahall, the top Democrat on the House Transportation & Infrastructure Committee.

Major U. S. corporations are calling on Congress to increase transportation infrastructure funding in the next highway bill.

Sen. Barbara Boxer, D-Calif., on Thursday said she expects the Senate Environment and Public Works Committee will be able to vote on a six-year transportation bill next month.

Grassroots pressure is building on Congress to pass a transportation funding bill this summer and prevent a halt in construction projects as the Highway Trust Fund approaches insolvency.

Municipal bonds are a better option than P3s for water utilities, an environmental advocate told a special House P3 panel Tuesday.

Maryland can proceed with the selection of a private partner to design, build, and operate the $2.4 billion Purple Line commuter rail project via a public-private partnership after federal approval last week of the environmental impact statement.

The Federal TIFIA loan program provides lower cost capital for toll roads, but can increase bondholder risk, Moody's Investors Service said in a new report.

The Harlem building collapse has added a big exclamation point to talk about the need for New York to address its aging infrastructure.

Aviation groups difference over a proposal to fund airport infrastructure projects with higher passenger facility charges.

Reliable, multi-year investments in the Northeast Corridor's 100-year-old rail infrastructure are needed to prevent massive system failures, warns Amtrak CEO Joe Boardman.

Virginia DOT has stopped work on a $1.4 billion toll road until it obtains final federal environmental clearance.

A proposed 47-mile toll road linking Indiana and Illinois is eligible for a federal TIFIA loan that could reduce construction costs by up to 20%, officials said.

Record ridership is just one of several credit positives for public transit agencies, Moody’s Investors Service said Monday.

Private activity bonds for water and wastewater projects would be exempt from state volume caps under bipartisan legislation introduced in Congress on Thursday.

"One of these things does not belong" is a catchy slogan — and it comes to mind when looking at the latest tax policy ideas coming from Washington when looking at the municipal bond tax exemption. The exemption is not a result of the growth of a tax code designed to induce or reduce certain behaviors. Rather, it is the foundation for the flow of capital in a $3.7 trillion dollar market required to efficiently finance the nation's infrastructure.

The Transportation Department may have to begin rationing state highway grants in July as the Highway Trust Fund is expected to dip below the critical $4 billion mark by summer.

Buoyed by record ridership in 2013, public transit advocates want their fair share of funding from Washington in the next multi-year surface transportation bill.

Construction associations and labor unions have formed a grassroots coalition to pressure Congress for additional investment in transportation infrastructure.

Sen. Mark Kirk, R-Ill., wants an additional $4 billion of tax-exempt private activity bonds available for transportation projects.