ISSUE / Weeks of November 8 and 15, 2021
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November 19,2021 |
Biden Signs Bipartisan Infrastructure Bill Into Law
After a festive November 15 ceremony, President Joe Biden signed the bipartisan infrastructure bill (the Infrastructure Investment and Jobs Act) into law as Public Law 117-58. The ceremonies were... -
November 19,2021 |
House Passes Scaled-Down, $1.9 Trillion Budget Reconciliation Bill, 220-213
This morning, the U.S. House of Representatives passed a budget reconciliation bill (H.R. 5376, the "Build Back Better Act") by a party-line vote of 220 to 213. The legislation, which at one time was...
Supply Chain Logjam Is Subject of Another House Hearing
November 19, 2021 | Katie DonahueOn November 17th, the House Transportation and Infrastructure Committee held a hearing entitled “Industry and Labor Perspectives: A Further Look at North American Supply Chain Challenges.” This...
CBO Warns $2.2 Billion in BBB’s Transit, High-Speed Rail Funding Will Never Be Spent
November 19, 2021 | Jeff DavisAs part of the process of scoring the omnibus budget reconciliation bill (H.R. 5376, a.k.a. Build Back Better, or BBB), the nonpartisan Congressional Budget Office (CBO) warns that $2.2 billion of...
USDOT Announces $983 Million in FY21 RAISE Grants
November 19, 2021 | Jeff DavisThis morning, the U.S. Department of Transportation announced the recipients of $983 million in multimodal RAISE grant funding (formerly known as BUILD, and known as TIGER before that) from the...
How Much Will the Infrastructure Bill Really Add to the Deficit?
November 17, 2021 | Jeff DavisWhen the nonpartisan Congressional Budget Office scored the bipartisan infrastructure bill that President Biden signed into law this week, their estimate said that enactment of the bill "would add...
Senate Panel Approves DOT, FMC Nominees, but Sen. Scott Puts Hold on All DOT Noms
November 19, 2021 | Jeff DavisOn November 17, the Senate Commerce, Science and Transportation Committee approved two more Presidential nominees for transportation positions – Chris Coes, to be Assistant Secretary of...
Highway “Donor States” R.I.P.
November 16, 2021 | Jeff DavisPresident Biden's signature on the Infrastructure Investment and Jobs Act yesterday will open the financial floodgates on a total of $273 billion in apportionments of $273 billion in federal-aid...
Treasury Cites HTF Bailout As Determining Factor of Next Debt Limit Deadline
November 16, 2021 | Jeff DavisEarlier today, Treasury Secretary Janet Yellen acknowledged, in a new letter to Congress, something that ETW has been pointing out since August – that a large bailout of the Highway Trust Fund,...
COVID Aid Is Slowing Regular Mass Transit Spending
November 19, 2021 | Jeff DavisA look at recent issues of the Monthly Treasury Statement shows that the huge influx of COVID-related aid to mass transit providers has "crowded out" regular federal mass transit spending by about $3...