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Tag: U.S. senate
Roadbuilding
Senate panel rejects Trump’s proposed transportation funding cuts
The Senate Appropriations Subcommittee on Transportation, Housing, and Urban Development shot down President Trump’s attempt to eliminate transportation grants by voting for a 2018 spending bill that includes $550 million for the Transportation Investment Generating Economic Recovery (TIGER) grant program, which provides cities and states with cash for surface transportation projects, The Hill reports. The bill […]
July 27, 2017
Roadbuilding
Rosen confirmed as Deputy Secretary of U.S. DOT
In a 56-42 vote May 16, the U.S. Senate confirmed Jeffrey A. Rosen to be Deputy Secretary of the U.S. Department of Transportation (DOT), second in command to Transportation Secretary Elaine Chao, The Hill reports. Rosen’s confirmation comes as President Trump’s highly anticipated infrastructure package is set to be unveiled within the next several weeks. “I am delighted to […]
May 22, 2017
Business
Acosta confirmed as next Secretary of Labor
The U.S. Senate has confirmed Alexander Acosta to be the next Secretary of Labor, making him the only Latino in Trump’s Cabinet,  The Hill reports. Democratic senators Catherine Cortez-Masto (Nev.), Heidi Heitkamp (N.D.), Angus King (Maine), Joe Manchin (W.Va.), Claire McCaskill (Mo.), Bob Menendez (N.J.), Bill Nelson (Fla.), Jon Tester (Mont.), and Mark Warner (Va.) joined with the Republican Senators […]
May 2, 2017
Roadbuilding
Sens. Paul and Boxer reach across the aisle, propose corporate tax holiday to boost infrastructure funding
Senators Rand Paul (R-Ky.) and Barbara Boxer (D-Calif.) have proposed a corporate tax holiday to fund U.S. infrastructure projects. The proposal would give businesses a reprieve from penalties for avoiding prior taxes if they agree to move money back to the U.S. and pay a 6.5 percent rate on it. The money collected would then […]
February 1, 2015
Business
Senate committee approves bill to bypass Obama, clear the way for Keystone XL pipeline construction
A bill that would temporarily bypass President Barack Obama and approve construction of the controversial Keystone XL pipeline passed a U.S. Senate committee Wednesday receiving bipartisan support. The Energy and Natural Resources committee voted 12-10 Wednesday to approve the bill. All Republicans in the committee supported the bill and were joined by Democrats Joe Manchin of […]
June 19, 2014
Construction Equipment
Caterpillar to defend tax strategy before U.S. Senate today, will likely receive support from John McCain
Caterpillar has confirmed an earlier report by saying it is scheduled to testify in a U.S. Senate hearing on whether the company illegally shifted profits overseas to avoid paying federal taxes. According to a report from Reuters, the Senate’s Permanent Subcommittee on Investigations headed by Michigan Democrat Sen. Carl Levin, prepared a report that focuses on Caterpillar corporate […]
March 31, 2014
Safety
House passes highway funding extension
The U.S. Senate is expected to vote on an extension of transportation appropriations this week after House members passed the measure Sept. 13. The voice bill vote approved H.R. 2887, which would include funding through March 31 for the Federal Motor Carriers Safety Administration and other federal highway, transit and safety programs. It would extend […]
September 15, 2011
Roadbuilding
Senate repeals 1099 reporting requirements
The U.S. Senate passed H.R. 4 on April 18, effectively repealing the expanded tax reporting requirements in the Patient Protection and Affordable Care Act. The law had stipulated that, starting in 2012, firms would be required to file a Form 1099 to all vendors they pay $600 or more for goods and services annually. Construction […]
April 12, 2011
Roadbuilding
Diesel, gas continue to rise
The Department of Energy reported Monday that diesel prices rose 4.4 cents to a $3.976 per gallon national average. Gasoline also increased, rising to $3.684 cents per gallon, an 8.8-cent increase over the previous week. Compared with figures from the same week last year, diesel has risen more than 96 cents and gas has registered […]
April 5, 2011
Home
Senate repeals 1099 reporting requirements
The U.S. Senate passed H.R. 4 on Monday, effectively repealing the expanded tax reporting requirements in the Patient Protection and Affordable Care Act. The law had stipulated that, starting in 2012, firms would be required to file a Form 1099 to all vendors they pay $600 or more for goods and services annually. Construction associations […]
April 5, 2011
Equipment
U.S. House approves Diesel Emissions Reduction Act
The Diesel Emissions Reduction Act needs President Barack Obama’s signature for the bipartisan legislation to be reauthorized for five more years, as the U.S. House of Representatives already approved the legislation. The U.S. Senate unanimously approved DERA on Dec. 16. President Obama is expected to sign the reauthorization into law. DERA (H.R. 5809) is a five-year […]
January 10, 2011
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