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Tag: President Barack Obama: Page 3
Roadbuilding
Obama taps Victor Mendez for deputy transportation secretary, Peter Rogoff for under secretary for policy
The White House on Wednesday announced who President Barack Obama intends to nominate for the open deputy transportation secretary and under secretary for policy positions. Obama has tapped Federal Highway Administrator Victor Mendez as deputy secretary for transportation. Mendez has been federal highway administrator since 2009 and took on his temporary position as acting deputy […]
May 15, 2014
Business
Senate committee unveils text of highway reauthorization bill
The Senate Environment and Public Works (EPW) Committee on Monday night revealed the text of its surface transportation reauthorization bill. Dubbed the MAP-21 Reauthorization Act, the six-year bill would reauthorize surface transportation projects through fiscal year 2020 and is indexed for inflation. Highlights outlined in the bill’s summary include: Six years of fully-funded highway programs Greater transparency of Highway […]
May 13, 2014
Roadbuilding
President Obama brings focus to highway bill during National Transportation Week
The White House announced on Friday that May 11-17 is National Transportation Week and May 16 is National Defense Transportation Day. The announcement comes as Infrastructure Week begins, bringing several conferences, roundtables, educational seminars and other infrastructure-related events to Washington, D.C. Related: Infrastructure jobs can boost U.S. employment; highway funding push continues The president notes […]
May 12, 2014
Roadbuilding
DOT Chief Foxx sends highway bill to Congress; bill reflects President Obama’s 4-year, $302 billion reauthorization proposal
The U.S. Department of Transportation (U.S. DOT) announced on Tuesday that Transportation Secretary Anthony Foxx is sending a long-term transportation bill to Congress. Related: Foxx: Insolvent transportation system could cost 700k jobs The bill, dubbed the GROW AMERICA Act, is based on President Barack Obama’s 4-year, $302 billion transportation reauthorization proposal. Foxx said last week […]
April 29, 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
Roadbuilding
Obama to present Congress with proposed transportation reauthorization bill
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 23, 2014
Roadbuilding
CBO: Highway Trust Fund would shortfall under Obama’s proposed budget
The Highway Trust Fund (HTF) would run out of money under President Barack Obama’s proposed $302 billion, four-year highway budget, according to data released from the Congressional Budget Office (CBO). In addition to allocating funds to various transportation sectors, the bill offers a one-time $150 billion cash infusion. However, the CBO says that is not […]
April 21, 2014
Business
Transportation Sec. Foxx asks taxpayers to call Congress, demand long-term highway bill in road tour stop
Secretary of Transportation Anthony Foxx says a short-term solution won’t do this go-around for transportation funding, and he’s on the road this week pushing the Obama administration’s four-year $302 billion plan and making localities and citizens aware of the Highway Trust Fund’s nosedive. Foxx spoke in Birmingham, Ala., Wednesday in the eighth stop of his week-long Invest in […]
April 18, 2014
Business
How the latest Obamacare update affects your business
The employer mandate under the Patient Protection and Affordable Care Act (PPACA)—a.k.a. Obamacare—originally required companies with 50 or more full-time employees to offer affordable health care coverage to employees and their dependents (an employee’s child younger than 26 years old) by 2015 or face big fines But now, in the mandate’s second delay, these companies […]
April 17, 2014
Roadbuilding
Foxx: Insolvent transportation system could cost 700k jobs
Transportation Secretary Anthony Foxx said Thursday that if lawmakers don’t fix the nation’s transportation system that is “teetering on the edge of insolvency,” 700,000 people could lose their jobs, The Christian Post reports. Foxx’s warning came during the national convention of Al Sharpton’s National Action Network in New York City, just days before his infrastructure investment […]
April 14, 2014
Roadbuilding
Obama’s transportation budget proposal: What it means for tribal lands
Last month, President Barack Obama proposed a $302 billion, 4-year transportation reauthorization bill. Since then, Transportation Secretary Foxx has examined how the proposal would affect one sector of transportation, pointing out that the proposal includes $2.5 billion for transit expansions. Now, a DOT official is looking at how the bill would affect one specific group […]
March 19, 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
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