Post Tagged with: "Congress"

Ways and Means Committee chairmen at the March 6 hearing on infrastructure.

Funding Infrastructure: The Principle of Federal Credit

By Nancy Spannaus March 9, 2019—The March 6 House Ways and Means Committee hearing on transportation infrastructure put the crucial problem which is blocking vitally-needed action on this topic, squarely on the table: the lack of understanding of the Hamiltonian principle of credit. From Representative Peter DeFazio, Chairman of the […]

by March 9, 2019 Infrastructure, News
The fragility of the transit system in the New York-New Jersey area was dramatized when a beam penetrated the roof of  a New Jersey Transit train Sept. 7.

New NAM Report: Action on Infrastructure Now!

By Nancy Spannaus March 1, 2019—The latest report on the U.S. infrastructure disaster by the National Association of Manufacturers (NAM) is a straightforward call for Congress and the President to act now. The “Build to Win” document begins by stating that “in an alarming state of disrepair and in urgent […]

by March 1, 2019 Infrastructure Bank, News
Congressman Jones at a press event in 2015

In Memoriam for Congressman Walter B. Jones

By Nancy Spannaus Feb. 13, 2019–The U.S. Congress lost one of its most honorable members on February 10, when Congressman Walter B. Jones, who represented Eastern North Carolina in Congress for 34 years, died in Greenville. While elected as a Republican, Jones was well-known as an independent voice, who was […]

by February 13, 2019 News
The Hoover Dam, completed during FDR's presidency, was a huge boon to the state of Arizona by providing electricity and water . (Bureau of Reclamation)

Arizona Legislators Join Drive for National Infrastructure Bank

Feb. 5, 2019—On Feb. 4, a group of Arizona legislators, led by State Senator Juan Mendez, joined the national movement to get Congress to reimpose Glass-Steagall and establish a Hamiltonian National Infrastructure Bank. SM1001, a “Memorial urging Congress to reinstate portions of the Glass-Steagall Act and to support national banking […]

by February 5, 2019 Infrastructure, News
The 100-year old bridge over the Columbia River connecting Oregon and Washington state. (wikipedia)

Congress to Begin Debating Infrastructure

Feb. 2, 2019—Rep. Peter DeFazio (D-Or), Chairman of the House Transportation and Infrastructure Committee, will convene his first hearing on the nation’s infrastructure needs on Thursday, Feb. 7. According to the announcement on the Committee’s site, the hearing is entitled “The Cost of Doing Nothing: Why Investing in Our Nation’s […]

by February 2, 2019 Infrastructure, News Shorts
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
Congressional action is needed.

Frequently Asked Questions on the National Infrastructure Bank (NIB)

Answering questions about how a National Infrastructure Bank would function

by December 21, 2018 Infrastructure Bank
The Minneapolis bridge collapse of 2007--a wake-up call on the state of  U.S. infrastructure.

Draft Legislation to Create a National Bank for Infrastructure

Nov. 3, 2018–Once the separation between commercial banking and speculation has been re-established, the problem of a supply of cheap, long-term credit for the physical economy is easily solvable. Given the enormous needs for infrastructure building and rebuilding, this will require Federal credit and Federal credit guarantees. There are various means by […]

by November 3, 2018 Features, Infrastructure Bank
This Hudson River Tunnel is more than 100 years old.

New York-New Jersey Leaders: Gateway Must Be Built!

by Nancy Spannaus Oct. 9, 2018—On September 4, dozens of elected officials, and leaders from the labor and business community in New Jersey held a press conference in Secaucus to demand that action be taken now to unblock federal funding for the Gateway Project that would replace the antiquated bridge […]

by October 9, 2018 Commentary, News
Opioid Legislation Passed: Not with a Bang, But a Whimper

Opioid Legislation Passed: Not with a Bang, But a Whimper

Oct. 4, 2018—Passage of the SUPPORT for Patients and Communities Act, an omnibus bill purported to deal with the acknowledged public health emergency known as the opioid epidemic, with overwhelming bipartisan support in both Houses of Congress, is being heralded as a great achievement. In fact, from every point of […]

by October 4, 2018 News Shorts