Biden Signs Bipartisan Infrastructure Bill Into Law
November 19, 2021 – 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.
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By Jeff Davis
November 19, 2021 – 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.
November 19, 2021 – On 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 examined the current supply chain problems, mostly by looking at the relationship between the maritime shipping, freight railroads, and the trucking industry, and how this can be optimized to ease the supply chain logjam currently happening in the U.S.
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By Jeff Davis
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By Jeff Davis
On November 17, the Senate Commerce, Science and Transportation Committee approved two more Presidential nominees for transportation positions – Chris Coes, to be Assistant Secretary of Transportation for Transportation Policy, and Max Vekich, to be a member of the Federal Maritime Commission.
By Jeff Davis
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By Jeff Davis
November 19, 2021 – A 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 billion since the start of the pandemic, with more spending slowdowns to come.
By Jeff Davis
November 17, 2021 – Scorekeeping rules required CBO to minimize the deficit increase to be caused by the infrastructure bill. The true deficit increase will be closer to $375 billion, not $256 billion.
November 16, 2021 – The Treasury Secretary said today that the $118 billion bailout contained in the infrastructure bill that President Biden signed into law yesterday could increase the federal debt to the edge of the current legal limit.
By Jeff Davis
November 16, 2021 – The infrastructure bill signed by the President yesterday means there are no more highway “donor states” (at least for the next five years – not even Texas.
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