Post Tagged with: "budget"

Charleston harbor, one of the few projects funded to completion in the 2020 budget.

A Baby Step on Infrastructure Funding

By Nancy Spannaus May 15, 2019—On May 8, the House Transportation and Infrastructure Committee, under Chairman Peter DeFazio, took a baby step toward increasing Federal spending on vital national infrastructure. It passed out of Committee HR 2440, a bill which would allow the Army Corps of Engineers to utilize the […]

by May 15, 2019 Infrastructure Bank, News
The Portal Bridge, a key link on the Northeast rail corridor, and over 100 years old.

Trump Administration Sabotaging Vital Infrastructure

By Nancy Spannaus March 18, 2019—Recent announcements by the Trump Administration on critical infrastructure projects, amount to nothing less than sabotage. Without effective Congressional action to ensure Federal government funding of major capital investments in infrastructure like that now under threat, there is no hope for a sustainable economic recovery […]

by March 18, 2019 Commentary, News
National Infrastructure Bank vs PAYGO

National Infrastructure Bank vs PAYGO

By John Ascher   Jan. 6, 2018–A group of Progressive Democrats this past week challenged Speaker Nancy Pelosi and the Democratic establishment on one issue which counts: their decision to reassert the House version of PAYGO. (Pay-as-you-go.) They lost the challenge, but have raised an important debate. The Progressives were […]

by January 6, 2019 Infrastructure Bank, News
An anti-austerity demonstration in Italy in 2012.

Italian Government Prompts Showdown over EU Austerity Demands

By Andrew Spannaus Nov. 8, 2018–The Italian government of Giuseppe Conte, whose EU-critical policies are driven by the leaders of the two coalition partners, and Deputy Prime Ministers, Luigi Di Maio of the Five Star Movement (M5S) and Matteo Salvini of the League, has decided to openly challenge EU budget […]

by November 9, 2018 Commentary, News
An infrastructure bank can fund the high-speed rail we need. Above, a Chinese high-speed train.

A National Infrastructure Bank to Fund Infrastructure in Virginia

By Alphecca Muttardy, Macroeconomist Last updated 10/25/2018 Summary: At present, the State of Virginia spends about 10% of its total public spending (or 1.7% of the state’s GDP) on public infrastructure projects.[1]  Of that total, the Virginia state budget pays for highway construction and improvements at four-year universities; local governments […]

by November 3, 2018 Commentary, Infrastructure Bank
National spheric torus experiment at Princeton, a  premier site for thermonuclear fusion research.

News Shorts, Feb. 19-25, 2018

  Trump Administration Budget Means Slashes in Crucial Investments for the Future Feb. 18, 2018—From the standpoint of the American System of Economics, the nation’s commitment to the frontiers of science is a crucial parameter indicating whether it is on the path to progress. For our purposes today, two of […]

by February 19, 2018 News Shorts
This Chart from the 1960 report of the US Geological Survey, produced for the Senate Select Committee, shows the top-down thinking characteristic of the Kennedy era concerning development. (screen shot from report; see footnote.)

Federal Capital Budgeting: Kennedy Era Water Projects and The Role of the General Welfare Principle Part II

  By John Ascher Sept. 19—Since the publication of Part One of this series, catastrophic events–and the challenge of an appropriate response– have intervened into our nation’s life with Hurricanes Harvey and Irma. This series does not purport to present comprehensive plans for  the infrastructure and great projects needed to […]

by September 19, 2017 Infrastructure
ST-C30-2-62                             17 Aug 1962Trip to Western States, Pierre, South DakotaPlease Credit "Cecil Stoughton. White House Photographs. John F Kennedy Presidential Museum and Library, Boston"[scratches across negative horizonatally]

Capital Budgeting:  A Two Part Series on Principles of Long-Term Investment

  August 17, 2017: On the 55th Anniversary of President Kennedy’s Speech at the Oahe Dam, Pierre, South Dakota by John Ascher   New Orleans and Katrina, 2005; Minneapolis, 2007 and the I-35 Mississippi River Bridge Collapse; February 2017, Northern California, and the failure of the Oroville Dam spillway…. Tired […]

by August 15, 2017 Infrastructure
State Budget Crises: The Latest Examples of a Collapsing Economy

State Budget Crises: The Latest Examples of a Collapsing Economy

By Angela Vullo July 6, 2017–Another nail was driven into the coffin of the myth of the so-called national economic recovery on June 30 when 11 states announced they would have a heck of a problem in balancing their budgets. State governments are mandated to have a balanced budget by […]

by July 7, 2017 Glass-Steagall, News