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How to best ensure substantial long-run economic growth should be a question on everyone's mind. Its benefits can't be overstated, and it's undeniable that the lack of growth is a ....
The U.S. Department of Energy's Loan Program Puts Crony Capitalists in the Green realclearenergy.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realclearenergy.org Daily Mail and Mail on Sunday newspapers.
Remembering "Solyndra" – How Many $570M Green Energy Failures Are Hidden Inside Biden's Instructure Proposal? forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Toggle open close Authorization for federal spending through the Highway Trust Fund (HTF) expires on September 30, 2021. While such “highway bills” typically last five years due to the long-term nature of infrastructure work, the latest reauthorization was a one-year extension included as part of an appropriations package.REF The failure of the 116th Congress to pass a full highway bill was driven by a sharp divergence in the approaches of the House and Senate authorizing committees. The Senate’s highway bill was a bipartisan document with a mixture of flaws and improvements relative to the status quo.REF In contrast, the House put forward an ideologically driven and wildly impractical package that included highway spending, massive increases for Amtrak and other mass transit, and federal meddling in local concerns, such as drinking-water safety and school construction.REF The two chambers made little effort to bridge this policy divide during the election year and s ....
Toggle open close In February, President Joe Biden plans to outline an infrastructure plan intended to help America “build back better.” Congress has already provided nearly $4.5 trillion in response to the coronavirus outbreak. Spending more possibly trillions more risks stunting the economic recovery and wasting taxpayer money. Many arguments are made for expanded infrastructure spending: Low interest rates make investment now cheaper than ever; federal investments in new energy technologies will help to aid certain politically favored industries while curbing others; American infrastructure is crumbling and needs to be rebuilt by the federal government; the American economy needs a stimulus plan that can create jobs and boost the recovery. While none of these arguments for new federal spending is fact-based or convincing, this ....