Tag: Barack Obama: Page 4

Business

Senate bill would create incentives for private transportation investment

As the federal government continues to search for ways to grapple with the country’s slowly crumbling infrastructure, two Senators have introduced a bill to the U.S. Senate that would establish a Department of Transportation fund designed to create incentives for private investment into transportation, our sister site CCJ reports. Senators Frank Lautenberg (D-N.J.) and John […]

March 5, 2013

Business

Obama gives more details on proposed infrastructure investments

The New York Times has obtained a summary of President Barack Obama’s plan to repair the failing infrastructure in the United States. Obama discussed the need for infrastructure investment during his State of the Union address February 13th. The goal of the President’s plan, the Times report,s is to create jobs “that cannot be outsourced,” […]

February 21, 2013

Business

Head of Volvo Construction Americas lauds Obama’s focus on improving infrastructure

During his State of the Union address last week, President Barack Obama dedicated a significant amount of time to the country’s failing infrastructure and proposed an initiative to bring the country’s highways and bridges back up to standard. Obama called his plan a “fix-it-first” program that would not only make the most needed repairs to […]

February 19, 2013

Business

Caterpillar CEO: Growth, immigration and tax code reforms key to job creation in U.S.

After receiving a mention during President Barack Obama’s State of the Union address, Caterpillar’s CEO Doug Olberhelman was invited to share his thoughts on the U.S. economy and job creation on CNBC’s Squawk Box. Olberhelman said he was “surprised” but “happy” to hear Obama’s kudos for bringing jobs back into the country from Japan. And […]

February 14, 2013

Business

Transportation Sec. LaHood praises Obama’s focus on infrastructure in State of the Union

President Barack Obama spent a great deal of time discussing the sad state of American  infrastructure in his State of the Union address Tuesday night, saying that the structurally deficient nature of nearly 70,000 American bridges hurts the country’s chances at attracting business and creating new jobs. Just days before, U.S. Transportation Secretary Ray LaHood […]

February 14, 2013

Business

Obama stresses importance of construction, infrastructure, skilled labor in State of the Union

In his State of the Union address Tuesday night, President Barack Obama stressed the great importance of construction, housing, infrastructure, manufacturing and energy in creating new jobs and aiding the ongoing recovery of the American economy. Obama spent several minutes of the address discussing the sad state of the country’s infrastructure, which he said is […]

February 12, 2013

Home

LaHood to continue as Transportation Secretary

United States Transportation Secretary Ray LaHood said he plans to remain in his position for an indefinite period during President Barack Obama’s second term, Bloomberg reported. While the status of other cabinet members is definite, LaHood’s has remained uncertain. The White House has designated new leaders for the State, Defense and Treasury departments, identifying several […]

January 28, 2013

Business

Defense bill adds nearly $500 million in North Carolina military construction projects

President Barack Obama signed into effect a $633 billion defense bill the night of January 2, the Associated Press reported. Though the bill does include cuts in overall defense spending, it is expected to pull in nearly $500 million for construction projects for military bases in North Carolina. The bill also grants all military personnel […]

January 4, 2013

Business

HHP Summit: “Natural gas will become a significant replacement for diesel”

The keynote speaker for the official beginning of the High Horsepower Summit was John Somerhalder, chairman, president and CEO of AGL Resources, an Atlanta based energy services and holding company and a member and past director of the board of the American Gas Association. Somerhalder discussed the recent expansion of natural gas into non-traditional markets […]

October 2, 2012

Roadbuilding

RoadWorks

What our governors and others want in a reauthorization bill.

June 10, 2012

Construction Equipment

Reporter

Payment Due? Expiring bonus depreciation could pose tax risks By Lauren Heartsill Dowdle Contractors may receive an unpleasant surprise when they review their taxable income for 2012. With bonus depreciation dropping this year by half and completely expiring in 2013, many will face higher tax gains on sold equipment and lower depreciation deductions. Passed in […]

May 24, 2012