Recent Streetsblog NYC posts about National Infrastructure Bank

Senators Order Up Tax Cuts With a Side of Infrastructure, Hold the Transit

By Ben Goldman | Dec 13, 2011 | No Comments

Congress has already delayed their holiday recess by a week, and members are hoping another delay won’t be necessary. Among the yet-unfinished business: an extension of the payroll tax cut. House Speaker John Boehner plans to hold a vote today on his bill, which marries an extension of the payroll tax cut to the controversial […]

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 […]

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

By Tanya Snyder | Oct 13, 2011 | No 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 […]

Obama Includes Infra Bank in His Jobs Push; Mica Rejects It Out of Hand

By Tanya Snyder | Sep 9, 2011 | No Comments

Last night, President Obama addressed a joint session of Congress to present his new jobs plan, a bill he’s calling the American Jobs Act. He relied on the well-worn appeal to people’s patriotic competitiveness by pointing out that China is improving its infrastructure while the U.S. is sitting idly by. Without mentioning the dollar figure […]

Kerry, Hutchinson, and Warner Introduce New Infrastructure Bank Bill

By Tanya Snyder | Mar 15, 2011 | No Comments

Sen. John Kerry (D-MA), along with Sen. Kay Bailey Hutchison (R-TX) and Sen. Mark Warner (D-VA), just announced that they’re introducing the BUILD Act today, which would create a national infrastructure bank. They’re proposing to start the bank with $10 billion of seed money that would leverage hundreds of billions of dollars, according to their […]

Obama Proposes Infra Bank, Livability Grants, Doubling Transit Funds

By Tanya Snyder | Feb 14, 2011 | No Comments

The White House has released a fact sheet on the transportation provisions in the President’s budget [PDF]. Here are the highlights, straight from the document: Provides $13.4 billion in discretionary resources in 2012, a $1.3 billion decrease from 2010 levels. (This figure excludes $109 billion in obligation limitations for the surface transportation plan. Including surface […]

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