Items tagged with infrastructure:
News & Updates:
Philadelphia officials are adding their voices to a bipartisan chorus of vexed state and city officials across the nation lambasting President Donald J. Trump’s $200 billion infrastructure spending proposal.
Trump says the plan will leverage an additional $1.3 trillion in state, local, and private investment, but experts say is little more than a legislative Big Dig — a loud, confusing mess. “It’s just bizarre. It’s a complete alternative reality,” says Faculty Affiliate Gilles Duranton. “These are just numbers that are being pulled out of thin air.”
The state of American infrastructure figures prominently in current national policy discussion, prompted by poor report cards, energized political campaigns, and recent executive initiatives. Severe underfunding of needed infrastructure projects has prompted proposals from both sides of the political aisle, with public-private partnerships (P3s) featuring prominently. This article evaluates and offers perspective on different types of P3s, examining their benefits and costs and the Trump administration’s plans.
Trump says he supports 25 cent gas tax increase to pay for infrastructure; House votes to add ADA lawsuit requirements; Home builder confidence steady.
President Trump unveils $1.5 trillion infrastructure plan; Trump FY 2019 budget calls for 2% reduction in discretionary spending after 2019.
Locales across the country have offered the company big tax breaks and more to attract its second headquarters. Here’s why the secrecy surrounding Philly’s bid should concern you.
Faculty Affiliate Cary Coglianese, a University of Pennsylvania law professor specializing in regulation and business-government relations, said that, given the stakes, Philly and other local governments could have legitimate reasons to maintain secrecy in the midst of the HQ2 competition — but with a catch.
“In a context like this … any city competing for Amazon will want to keep its secret,” Coglianese said. “It’s not necessarily nefarious. It could just be that they want to make sure that their bidding is not undercut by some other city that knows what they’re providing.”
But in keeping citizens in the dark about potential offers, the city is creating “somewhat of a bias” toward Amazon, Coglianese said. He added that there is a “compelling need” for constituents to be made aware of proposals that will affect the rest of the city – such as promises of tax relief or “other favorable positions” that require full city approval through City Council or other boards or processes.
April 20th, 2018
1:00pm - 2:30pm:
The Financing and Management of Public Infrastructure
It is widely anticipated that the Trump Administration will be turning to the issue of infrastructure renewal in 2018. Contention remains, however, over how future infrastructure projects should be funded and managed. This seminar will consider the options for public vs. private financing, including a discussion of the strengths and limitations of public-private partnerships and infrastructure banks. It also will examine the roles that federal, state, and local governments should have with respect to efficient project management.