Tag: infrastructure plan

August 4, 2021

How much corporations pay in taxes has received widespread scrutiny this year, as President Joe Biden and congressional lawmakers have considered raising taxes to support new infrastructure funding and other programs. Construction companies, which stand to directly benefit from that […]

June 7, 2021

President Joe Biden has called for $50 billion in funding to encourage domestic semiconductor production as part of his proposed infrastructure plan, and the Senate recently proposed $52 billion to help the U.S. compete with China. If TSMC’s factory plans […]

May 6, 2021

President Joe Biden’s infrastructure plan is an ambitious, $2.3 trillion proposal that would see an overhauling of airports, highways, electrical grids, water systems, school construction, public transit and clean energy. Republican leaders — who countered Biden’s mammoth plan with their […]

April 19, 2021

Most contractors won’t pay more in taxes under President Joe Biden’s $2.3 trillion infrastructure proposal, while the infusion of cash to fund more public construction projects would provide a significant upside for their businesses, according to a certified public accountant […]

April 12, 2021

Today, the White House released state-by-state fact sheets that highlight the needs in every state across the country for the investments proposed by President Biden in the American Jobs Plan. The fact sheets highlight 12 key areas to be addressed […]

April 8, 2021

Last week, President Biden unveiled the American Jobs Plan, an ambitious $2 trillion infrastructure plan. In addition to investing in rebuilding the nation’s crumbling roads and bridges, there would be strong focus on resiliency and sustainability. The plan would also […]

April 1, 2021

“AASHTO applauds the emphasis that President Biden has placed on investing in infrastructure to shore up and modernize our national multimodal transportation system for decades to come,” Jim Tymon, executive director of the American Association of State Highway and Transportation […]

March 23, 2021

Brown also highlighted Walsh’s union experience and said he can “defend workers’ rights to organize, to give them power in the workplace and crack down on corporate union busting.” Walsh’s nomination aligns with President Joe Biden’s campaign promise to create […]

February 24, 2021

Contractors have eagerly awaited details of Biden’s multitrillion Build Back Better infrastructure plan, which he said he will provide when he speaks to Congress. It’s likely Biden will take the opportunity next month to address lawmakers, touting what he believes […]

January 23, 2020

The $175 billion plan includes: $87 billion for surface transportation, including bridges and tunnels $35 billion for environmental facilities and parks $11 billion for economic and community development projects $9 billion for affordable, high-quality housing $19 billion for school construction […]

April 23, 2019

Virgin’s approach to financing the West Palm Beach to Orlando extension is likely the kind of private investment President Donald Trump hopes will make up the difference on his $1 trillion to $1.5 trillion infrastructure plan. In his most recent […]

December 12, 2018

As many state transportation officials struggle to carry out their construction programs within the confines of limited budgets, federal lawmakers are working toward what could be a revival of President Donald Trump’s $1 trillion national infrastructure program. The potential federal […]

August 15, 2018

In June, Sound Transit reported that it would award major contracts for the Lynnwood Link extension by fall, even though it has not yet received federal grant money. Echoing the concerns of Transportation for America, the agency has been planning […]

June 14, 2018

While Congress has indicated that it is committed to continued federal funding of state and regional transportation infrastructure projects, President Donald Trump’s administration is in favor of giving preference to states and other lead transportation agencies that can cobble together […]

May 22, 2017

More information is coming to light about President Trump’s long-awaited $1-trillion infrastructure proposal. Transportation Secretary Elaine Chao has told a Senate committee that Trump “is very impatient” and he wants to see a set of “principles” for the plan released […]