Archive for February, 2009

Not even close to resolution on stimulus bill

Friday, February 6th, 2009

The headline — “Tentative Deal on Stimulus Bill Reached” — couldn’t be more misleading. It looks like the White House and Senate Democrats have agreed on the bill they’re going to push to the Republicans in hopes of getting a bill passed before the President’s Day break. From the comments I’m reading, I’d say this thing still has a long way to go.

Not so fast on the infrastructure bump

Tuesday, February 3rd, 2009

If there’s going to be any more stimulus money invested in infrastructure improvements it’s probably going to require cuts elsewhere. A proposal by Senate Democrats to increase funding to highways, transit, and water programs by $25 billion was shot down by Republicans who insist that any increase in spending is offset by decreases elsewhere. I’m betting they can find $25 billion to cut elsewhere. Question is, will they try?

http://news.yahoo.com/s/ap/20090203/ap_on_go_co/congress_stimulus

Maybe More for Infrastructure in Stimulus Package

Tuesday, February 3rd, 2009

As the fight over the stimulus package rages on, there’s a growing movement among Senate members of both parties to boost the infrastructure portion of their version of the bill. The goal of increasing highway and Army Corps of Engineer Funds is shared, but Republicans will likely look to pare down other areas of the bill. Some Democrats agree that spending in the package needs to be reined in, while others have initially shown no such inclination.

http://news.yahoo.com/s/ap/20090203/ap_on_go_co/congress_stimulus

The House, in its final version, increased money for transit, but shortened from 180 days to 90 days the time period the departments of transportation have to obligate the money they receive.

http://enr.construction.com/policy/economic_stimulus/2009/0202-TriplingHighwayPortion.asp