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The Administration offered cuts to crucial programs that fund public transit infrastructure to pay for their proposed infrastructure plan.
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Funding for the plan would be offset by rolling back two-thirds of the revenue lost in the Republican tax bill by reinstating a top income tax rate of 39.6%, restoring the individual alternative minimum tax, reversing cuts to the estate tax, and raising the corporate income tax from 21% to 25%.
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The German Federal Ministry for Transportation and Digital Infrastructure will support Siemens and RWTH Aachen with project funding of roughly $14 million as part of the Ministry’s “National Hydrogen and Fuel Cell Technology Innovation Program.”
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The new project extends Siemens existing technology partnership with Sound Transit, having previously provided the same TPSS and MVSS substation infrastructure on the University Link and South Link lines.
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ITS America announced the formation of its Smart Infrastructure Task Force to address how technology and innovation can be incentivized.
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Allocates $100 billion for a grant competition with preference given to applicants that raise revenue such as taxes, fees or tolls, and would limit federal help to 20% of new money generated.
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"A strong federal investment in public transportation needs to be preserved and increased, not cut," says APTA President/CEO Skoutelas.
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Will manage firm’s pursuit and execution of transit, highway, and infrastructure projects using methods such as design-build and P3s.
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FAVP 3.0 will emphasize a unified, intermodal approach to automated driving systems policy. It will enable the safe integration of surface automated transportation systems, including cars, trucks, light rail, infrastructure, and port operations.
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Plans to devote his final year to pushing for an infrastructure bill, an initiative both parties have said is long overdue.
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