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Tag: Barack Obama: Page 2
Business
42,000 construction jobs lost for a lie: Billionaire green activist flashes cash, democrats put off Keystone decision until 2016
Funny how good people with good intentions wind up doing bad things when they enlist politicians to their cause. In February, the New York Times featured a profile of billionaire Tom Steyer’s bid to raise $100 million to defeat the Keystone pipeline project and promote the democratic party’s green agenda. After endless backpedaling, the State […]
May 23, 2014
Business
President Obama, VP Biden treat 4 construction workers to burgers and fries
The President and Vice President took their lunch outside the White House on Friday and treated four construction workers to burgers and fries as part of the Obama administration’s push to increase highway construction funding. President Barack Obama and Vice President Joe Biden ate at a Shake Shack restaurant a few blocks away from the […]
May 21, 2014
Roadbuilding
Obama criticizes House GOP bill for major cuts to job-creating program
President Barack Obama said on Saturday that the House Republicans’ proposed budget would slash a job-creating program by 80 percent. The comment came during Obama’s weekly address at the White House, where he reiterated Transportation Secretary Anthony Foxx’s warning that if Congress fails to pass a surface transportation reauthorization bill that addresses the nearly-insolvent Highway […]
May 19, 2014
Business
Obama prepares to send $302 billion highway bill to Congress, but will it be enough?
President Barack Obama is preparing to present his proposed $302 billion, four-year transportation reauthorization bill to Congress. Transportation Secretary Anthony Foxx announced on the DOT’s Fast Lane blog that the president plans to send a draft of the legislation to lawmakers, though no specific timetable has been presented. “Soon, the Obama Administration will do exactly […]
April 24, 2014
Construction Equipment
Caterpillar CEO talks up prospects of highway bill, says U.S. has a lot to learn about public-private partnerships
What are the prospects for the federal government passing a multi-year highway bill soon? Doug Oberhelman, Caterpillar chairman and chief executive officer, says he was extremely encouraged by President Barack Obama’s recent proposal for a $302-billion, multi-year highway bill. “We have been pushing hard for that at Caterpillar and our customers have been pushing us […]
March 4, 2014
Roadbuilding
Obama touts infrastructure investment during New Orleans visit
During his visit to the Port of New Orleans last week, President Obama called on Congress to invest more in U.S. infrastructure, particularly ports and waterways, according to a report from The Hill. Obama noted that the U.S. is falling behind other countries with its infrastructure, adding that “we’re relying on old stuff.” He also […]
November 11, 2013
Business
The RINOs charge: Republicans’ return to the middle signals hope for infrastructure funding
With Chris Christie easily winning his second term as governor of New Jersey and Bradley Byrne winning his first election to the House of Representatives from Alabama’s District 1 yesterday, pundits on the left are hailing the resurgence of what they see as moderate republicans. If this is the beginning of a trend, it may […]
November 6, 2013
Roadbuilding
Dr. Jekyll, Mr. Hyde and Pres. Obama
I’m going to have a to go along with Mark on this one. According to Mark Szakonyi writing in The Journal of Commerce, “There are two President Obamas when it comes to infrastructure spending.” The president has continued to talk about his commitment to a stronger transportation infrastructure and to showcase his awareness that it […]
August 5, 2013
Roadbuilding
AED president, CEO Toby Mack responds to Obama’s remarks about Keystone XL pipeline jobs
Toby Mack, president and CEO of Associated Equipment Distributors (AED), today issued a statement in response to President Barack Obama’s interview with the New York Times, specifically the president’s remarks regarding the job creation potential of construction of the Keystone XL pipeline. Mack writes: “It’s sad that President Obama ignores his own senior advisors’ careful […]
July 30, 2013
Roadbuilding
Obama to propose tax cuts to generate transportation funds
President Barack Obama will propose today a bipartisan effort to cut the U.S. corporate tax rate and use a portion of the generated revenue to fund infrastructure projects, according to a report from Reuters. Obama will propose the plan, which administration officials are referring to as a “grand bargain,” during a speech at an Amazon.com […]
July 30, 2013
Roadbuilding
White House “strongly supports” Senate DOT, HUD spending bill
The White House said on Tuesday that President Obama “strongly supports” the $54 billion budget for the Departments of Transportation and Housing and Urban Development that the Senate is considering, according to a report from The Hill. The announcement follows a White House statement on Monday that President Obama’s “senior advisors would recommend that he […]
July 24, 2013
Roadbuilding
White House threatens to veto House’s $44.1 billion DOT, HUD bill
The White House threatened on Monday to veto a $44.1 billion budget for the Departments of Transportation (DOT) and Housing and Urban Development (HUD) that the House is considering, according to a report from The Hill. The THUD bill calls for $7.7 billion less than the current spending levels, cuts which the White House said […]
July 23, 2013
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