Tag: President Barack Obama: Page 2

Business

White House, transportation leaders push Congress to find a long-term highway funding solution sooner rather than later

The White House, Transportation Secretary Anthony Foxx and several industry associations are urging Congress to find a highway funding solution before the primary source of money, the Highway Trust Fund (HTF), becomes insolvent. The U.S. Department of Transportation (DOT) projects that insolvency to occur by the end of August. White House press secretary Josh Earnest […]

July 9, 2014

Business

If you don’t know how to build a house, how can you build a country?

Last week the New York Times ran a story lamenting the loss of quality and craftsmanship in houses built today. The author also linked that questionable observation (with cringe-worthy logic) to the declining quality of our infrastructure. It’s not a new complaint. But the ignorance of the writer and the editors on what constitutes a […]

July 2, 2014

Roadbuilding

Obama pushes for transportation funding during Key Bridge visit

During his visit to the Key Bridge in Washington, D.C., on Tuesday, President Barack Obama urged Congress to quickly pass a highway bill to prevent Highway Trust Fund (HTF) insolvency, The Hill reports. The HTF is a major source of funding for state and local highway projects. However, money in the fund is projected to […]

July 1, 2014

Business

U.S. construction spending ticks up 0.1% in May despite dip in home building

Construction spending in the U.S. saw a slight increase in May and for the second straight month the gains are largely due to increases in government projects. Construction spending rose to $956.1 billion in April, an increase of 0.1 percent from the revised April figure of $955.1 billion. Due to the revision of that figure, what […]

July 1, 2014

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

Business

Obama signs water projects reauthorization bill into law

President Barack Obama signed the $12.3 billion Water Resources Reform and Development Act (WRRDA) into law on Tuesday, marking the first water projects reauthorization in seven years. The House and Senate both passed the bill last month. Known as the Water Resources Reform and Development Act (WRRDA), the bill authorizes funding for water infrastructure projects. It […]

June 11, 2014

Roadbuilding

Obama signs into law first water bill in 7 years

President Barack Obama signed the $12.3 billion Water Resources Reform and Development Act (WRRDA) into law on Tuesday, marking the first water projects reauthorization in seven years, Politico reports. The House and Senate both passed the bill last month. The legislation cuts $18 billion in projects deemed outdated by the Army Corps of Engineers and […]

June 10, 2014

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

Home

Senate follows House, OKs $12.3 billion water infrastructure bill

The Senate on Thursday passed a $12.3 billion water infrastructure bill, The Hill reports. The bill, known as the Water Resources Reform and Development Act (WRRDA), authorizes funding for water infrastructure projects. The House voted to pass the measure earlier this week. It has been in the works since late 2013. The bill cuts $18 billion in […]

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

Roadbuilding

Obama, Biden call for infrastructure investment

President Barack Obama and Vice President Joe Biden pushed for transportation infrastructure investment during their respective trips to New York’s Tappan Zee Bridge and Ohio’s Greater Cleveland Regional Transit Authority this week. While at the site of the $3.9 billion Tappan Zee Bridge project in Tarrytown, New York, Obama urged Congress to pass the administration’s […]

May 15, 2014