ISSUE / Weeks of October 17 and 24, 2022
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Governance reform,Project DeliveryOctober 28,2022 |Shining More Lights on a Multi-Billion Dollar Problem: High Costs for Transit Construction
Eno and the NYU Marron Institute have been trying to answer similar questions. Marron Institute has been assessing “Why do transit-infrastructure projects in New York cost 20 times more on a per... -
The bi-partisan Infrastructure Investment and Jobs Act (IIJA) is lauded for delivering necessary funding to a range of projects. Specific projects, programs, and priorities have been highlighted that...
Higher Interest Rates Could Keep Highway Trust Fund Afloat Another Year After IIJA Expires
October 28, 2022 | Jeff DavisJust as The Great Inflation of 1967-1982 holds precedents and lessons that could greatly affect infrastructure spending in the real world, it also holds some precedents for the not-quite-real world...
U.S. Gasoline Use Hit All-Time High in FY 2022
October 20, 2022 | Jeff DavisThe volume of motor gasoline in the United States hit an all-time high in the just-completed fiscal year 2022, with oil companies producing and distributing about 6.8 billion gallons more than they...
FY23 Highway Funding: Allocated Set-Aside Reaches All-Time High; 33 States Face Vulnerable Road User Penalty
October 28, 2022 | Jeff DavisOn October 20, the Federal Highway Administration gave states a pro-rated share of fiscal 2023 highway funding permission under the continuing appropriations measure that is in effect from October 1...
Aviation Taxes Rebounded in FY22, but Still Haven’t Fully Recovered
October 28, 2022 | Jeff DavisFederal excise taxes on aviation brought in $11.4 billion to the Airport and Airway Trust Fund in the just-ended fiscal year 2022, a level that was still 29 percent below the tax receipts of the last...
USDOT Spent Record $114 Billion in FY 2022
October 28, 2022 | Jeff DavisThe final Monthly Treasury Statement for fiscal year 2022 revealed that the U.S. Department of Transportation spent a net $113.7 billion in fiscal year 2022, an all-time high. But the aggregated...