Gas-Tax Indexing to Fund Infrastructure Gains Senate Momentum
Republican and Democratic senators said June 10 they were open to considering the first change in the national gasoline tax since 1993 to help fund a bipartisan infrastructure spending package they plan to propose to President Joe Biden.
June 10, 2021Democrats Look to Budget, Bipartisan Bills to Advance Biden’s Infrastructure Plan
After the White House and Senate Republicans ended negotiations on an infrastructure package, congressional Democratic leaders announced their intention to rely on an intricate budget process to pass a key piece of the president’s domestic agenda.
June 10, 2021US House Transportation Panel Approves $547 Billion Highway Bill
The transportation committee in the U.S. House of Representatives advanced a five-year, $547 billion surface transportation reauthorization bill that seeks to modernize much of the country’s highway systems.
June 10, 2021US Initial Jobless Claims Decline for Sixth Consecutive Week
Applications for U.S. state unemployment insurance fell for a sixth straight week, consistent with further improvement in the labor market and robust economic growth.
June 10, 2021Connecticut Lawmakers Push Through New Tax on Trucks
The Connecticut General Assembly approved a bill that would impose a highway use fee on heavy commercial trucks.
June 10, 2021Keystone Pipeline Canceled After Biden Had Blocked Permit
BILLINGS, Mont. — The sponsor of the Keystone XL crude oil pipeline said June 9 it is pulling the plug on the contentious project after Canadian officials failed to persuade President Joe Biden to reverse his cancellation of its permit on the day he took office.
June 9, 2021Romney, Senators Map Rival Infrastructure Plan With No Tax Hikes
The Biden administration is expecting a new infrastructure proposal this week from a bipartisan group of lawmakers, but those legislators are moving forward without any of the tax hikes the president has demanded to pay for his plan.
June 9, 2021Lawmakers Chide Colonial Pipeline for Weak Cybersecurity
U.S. lawmakers criticized Colonial Pipeline Co.’s cybersecurity practices as the company’s CEO faced his second day of questioning on Capitol Hill.
June 9, 2021Top Maritime Regulator Sees Shipping Snarls Lasting to 2022
The top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay strained into 2022, raising concerns about whether small American companies can weather another year of a tangled transport system and much higher costs.
June 9, 2021Nations Set to Discuss Reducing Global Shipping CO2 Emissions
John Kerry wants to accelerate the decarbonization of the global shipping industry, which spews more carbon dioxide into the atmosphere each year than France and the U.K. combined.
June 9, 2021