January 8, 2021 – “With real interest rates at zero or below, shouldn’t the federal government just borrow the money to pay for something worthwhile, like a big infrastructure initiative?”
January 8, 2021 – Transportation Secretary Elaine Chao was the first Cabinet-level Trump official to resign in protest of President Trump’s role in inciting the mob that attacked the Capitol Building on January 6.
January 8, 2021 – Democrats will soon have control of the U.S. Senate by the slimmest possible margin, to go along with a razor-thin margin of control in the House of Representatives and control of the White House.
January 8, 2021 – There are several specific hurdles to using budget reconciliation as a vehicle for an infrastructure bill.
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December 22, 2020 – The final major legislation to be passed by Congress in 2020 contained another $0.9 trillion in COVID-related fiscal relief spread across two divisions of a 32-division omnibus bill. $45 billion of that is dedicated fiscal aid for transportation – air carriers, mass transit providers, state DOTs, airports, and Amtrak. When combined with the $68 billion these entities received in the CARES Act of March 2020, the total transportation-specific COVID relief provided will be $113 billion.
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December 22, 2020 – The year-end omnibus fiscal legislation passed by Congress yesterday included two separate recurring bills negotiated by the House Transportation and Infrastructure Committee – the biennial water resources bill, and a pipeline safety reauthorization bill.