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Infrastructure Finance

The Oregon state legislature is hoping to raise billions for transportation projects from new sources as gas tax revenue dwindles. Democrats are pushing for a focus on maintenance.
A bipartisan group of senators proposed the gas tax should be indexed to inflation to help pay for new infrastructure spending, an approach Biden calls ‘regressive.’
The state will soon have a new electric vehicle manufacturing plant, which Commerce Director Brent Kisling hopes will better position the state to compete for $15 billion in future EV investments.
South Carolina’s gas tax will increase another 2 cents in July to increase funds for road maintenance. But officials predict the state may still need an additional $240 million annually for all of the necessary repairs.
Federal funding formulas need to evolve to help regional governing bodies to accelerate both large and community-focused projects that have an impact across these large population clusters.
The warring camps in Washington are unlikely to find a middle ground on their own. Governors and mayors need to take a seat at the adult tax-policy table.
Western New York officials hope that federal funding from the Innovation and Competition Act, the proposed infrastructure package and from stimulus relief funds would be used to develop tech hubs and revitalize transportation networks.
Any new federal infrastructure program should provide states and localities with the flexibility to tap the private-sector innovation and expertise that can produce new revenues, meaningful savings and operational efficiencies.
The Los Angeles Metropolitan Transportation Authority board of directors has unanimously supported an idea to create a program that allows students and low-income people to ride Metro’s trains and buses for free.
The two hundred miles of high-speed railway rely upon dense urban growth around transit stations to achieve long-term success. But as California and San Diego birth rates and population decline, some worry it’s too costly a risk.
Lawmakers have proposed $209 million of the multibillion-dollar bill for pollution and traffic initiatives in the Denver area that focus on marginalized groups impacted by the building of the highways decades ago.
The state’s gas tax will increase again on July 1 to bring even greater revenue for road and highway maintenance projects. But the repairs have been slow, often lagging behind other states.
President Biden claims that rail travel is “environmentally, a lifesaver” and has proposed giving Amtrak $80 billion over eight years to support it as a green travel option. But is it really green if trains still run on diesel?
Digital equity advocates, state broadband offices and local government staffers are encouraged by the president’s emphasis on their work, but what do they need at the federal level to fully solve this challenge?
America doesn’t hear about ‘shovel-ready’ or ‘New Deal’ work projects anymore because the Biden administration knows infrastructure spending doesn’t generate jobs in the short term. But it does create long-term economic development.
State lawmakers are considering reforms to a power sharing program that would reduce bill credits for residents in the program and add net energy metering. Industry leaders are deeply divided on the package.