Post Tagged with: "National Infrastructure Bank"

This graph by the Congressional Budget Office notes the collapse of Federal infrastructure spending.

State Tax Increases Won’t Solve Infrastructure Crisis

July 6, 2019—As of July 1, 12 states raised their gasoline taxes, in a concerted effort to get the revenue to deal with their collapsing bridges and highways. The actions follow a pattern from recent years, over which time the Federal share of contributions to building and maintaining the nation’s […]

by July 6, 2019 Infrastructure, News Shorts
Angela Vullo, Stuart Rosenblatt, and Ralph Stresa testify at the Akron City Council.

Akron City Council Passes Bank Resolution

June 18, 2019—At a meeting last night, the Akron City Council passed a resolution calling on the U.S. Congress to enact legislation establishing a National Infrastructure Bank. The passage had been preceded by extensive discussion. On June 13, sponsors of legislation to create a National Infrastructure Bank testified at City […]

U.S. Federal Debt as percentage of GDP

Hamilton on Debt: Turn It into Capital!

by Nancy Spannaus June 15, 2019–In their June 12 column in Wall Street on Parade, Pam and Russ Martens reviewed the scandal of the century—the fact that the Federal Reserve has bailed out Wall Street to the tune of $27 trillion since the crash of 2008-9. They concluded, appropriately, with […]

by June 15, 2019 Commentary, News
Ohio Representative Michael J. Skindell

Ohio Legislator Introduces Glass-Steagall Resolution

June 6, 2019—Rep. Michael J. Skindell, a long-time Democratic representative from Ohio’s Cuyahoga County, has introduced a memorial resolution into the Ohio state legislature calling on Congress to pass a new Glass-Steagall law. The substance of House Concurrent Resolution 9 reads as follows: RESOLVED, That we, the members of the […]

by June 6, 2019 News Shorts
Alabama state legislature

Alabama House Passes Bank Resolution

Alabama House Passes Bank Resolution June 4, 2019—This spring Alabama became the third state where a memorial resolution in favor of a National Infrastructure Bank has been passed.  The resolution, introduced by Rep. Thomas Jackson, was voted up in the legislature in early April. The resolution also calls for reinstatement […]

by June 4, 2019 News Shorts
Electrical engineers at a construction site. They will be in high-demand when we launch a National Infrastructure Bank. (dreamstime)

Where’s the Money? In a National Infrastructure Bank!

By Nancy Spannaus May 13, 20190—Where can we get the money for the trillions of dollars of infrastructure spending the United States needs?  The answer is: in a Hamiltonian National Infrastructure Bank. A coalition of hundreds of organizations assembled in #BuildforTomorrow kicked off the seventh National Infrastructure Week today. Dozens […]

by May 13, 2019 Infrastructure Bank, News
Completion of the Transcontinental Railroad, in 1869 at Promontory Point, Utah.

A Railroad to Bind the Nation

Commemorating the 150th Anniversary of the Transcontinental Railroad on May 10. By Nancy Spannaus May 11, 2019—When President Lincoln, in his Second Inaugural Address, spoke of the need to “bind up the nation’s wounds,” he was not specifically referring to his signature construction project, the Transcontinental Railroad.  But in all […]

by May 11, 2019 Commentary, Infrastructure
Members of the Coalition for a National Infrastructure Bank in D.C. Forczek is the second from the left.

NJ Magazine Features Call for Infrastructure Bank

By Nancy Spannaus May 6, 2019—NJ Municipalities, the magazine of the New Jersey League of Municipalities, has recently published a call for a National Infrastructure Bank (NIB) under the headline: “National Infrastructure Bank: A Hamiltonian Solution to the National Infrastructure Crisis.” It was written by retired transportation executive Stanley Forczek, who […]

by May 6, 2019 Infrastructure Bank, News
Illinois infrastructure needs as determined by the American Society of Civil Engineers.

Illinois Assembly Passes Infrastructure Bank Resolution

April 8, 2019—On April 2, the General Assembly of the state of Illinois passed HR0014, a resolution memorializing Congress to establish a New National Infrastructure Bank. The resolution was introduced by Rep. Mary Flowers (D-31) in late December.  It passed the Financial Institutions Committee on March 19. The resolution now […]

New Alabama Resolution for Glass-Steagall, National Banking

New Alabama Resolution for Glass-Steagall, National Banking

April 5, 2019—Rep. Thomas Jackson has introduced House Joint Resolution 60 to the Alabama House of Representatives, in pursuit of “urging Congress to support efforts to reinstate the separation of commercial and investment banking functions and to return to national banking policies.” The Resolution was sent to the Alabama State […]

by April 5, 2019 News Shorts