Recent Streetsblog USA posts about National Infrastructure Bank

Two Infrastructure Jobs Bills Die in Senate

By Tanya Snyder | Nov 4, 2011 | No Comments

Two competing versions of a transportation-related job creation bill went down yesterday in the Senate. The first, the Rebuild America Jobs Act (S.1769), was a Democratic proposal, modeled on President Obama’s job creation bill, to invest $50 billion for infrastructure and another $10 billion as seed money to create a new national infrastructure bank. Given Republican […]

Today: Senate Debates Infra Bank, Transpo Funding, Regulations, and More

By Tanya Snyder | Nov 3, 2011 | No Comments

This morning, the Senate is debating two transportation-related bills: the Rebuild America Jobs Act (S.1769) and the Long-Term Surface Transportation Extension Act (S.1786). The Rebuild America Jobs Act is a piece of President Obama’s jobs bill that was broken off in hopes that it could pass on its own. It would invest $50 billion on infrastructure […]

Why Create an Infrastructure Bank When We Could Just Expand TIFIA?

By Tanya Snyder | Oct 28, 2011 | No Comments

There’s been a lot of adulation heaped upon the TIFIA loan program lately. Both houses of Congress are ready to increase funding for the program nine times over, from $100 million to $1 billion a year – despite warnings from outside groups that there may not be enough eligible projects to use up all that […]

Mica Won’t Say Where Transpo Funding Will Come From; LaHood Defends TE

By Tanya Snyder | Oct 14, 2011 | 2 Comments

House Transportation Committee Chair John Mica (R-FL) said this morning that getting permission from Republican leadership to find more revenues to fund the transportation bill was a “major breakthrough” but still won’t say where the money will come from. Mica told an audience at a Washington Post-sponsored forum on transportation that passing yet another extension […]

Will New Infrastructure Funding Survive the Demise of Obama’s Jobs Bill?

By Tanya Snyder | Oct 13, 2011 | 2 Comments

Tuesday night, the Senate blocked a vote on the president’s jobs plan. As had been forecast, Republicans voted unanimously against the plan, and they weren’t alone: Two Democrats joined them – Sens. Jon Tester of Montana and Ben Nelson of Nebraska. Now it’s on to Plan B, which involves breaking up the bill into pieces […]

Does the Elusive Infrastructure Bank Already Exist?

By Tanya Snyder | Oct 7, 2011 | No Comments

Last week, three Washington heavy-hitters brought a new contribution to the debate over a national infrastructure bank: They said we already have one. Mark Alderman of the Obama-Biden transition team, former U.S. Senator Evan Bayh, and Howard Schweitzer, former vice president of the Export-Import Bank co-wrote an op-ed for the Washington Post saying that the […]

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