Building America’s Future Supports President’s Proposed Increased Investments in Transportation Infrastructure

Press Release

Building America’s Future Applauds the Administration’s Call to Action

Press Release

$53 Billion Six Year Plan to Build National High-Speed Rail Network is On Target

PHILADELPHIA, PA – At an event in the historic 30th Street Station today, Vice President Joe Biden and Secretary of Transportation Ray LaHood announced a six year plan to build a network of high-speed rail systems across the nation. Building America’s Future (BAF), a leading advocate for smart infrastructure investment, participated in the announcement to demonstrate its support of the $53 billion targeted for smart high speed rail investments which will place America in direct competition with other nations with advanced rail systems.

Building America’s Future Praises Obama’s Commitment to Infrastructure

Press Release

President Obama’s Remarks at the U.S. Chamber of Commerce Focus on Public-Private Partnerships

WASHINGTON, DC -- Following President Obama’s remarks to the U.S. Chamber of Commerce today, Building America’s Future issued the following statement praising the President’s call for infrastructure investment and public-private partnerships from Marcia Hale, President:

“The President reaffirmed that our national infrastructure should receive the highest levels of investments that will spur further economic recovery and make America more competitive in the global economy by moving people and goods faster and more efficiently. According to the U.S. Department of Transportation, for every $1 billion in federal investment in transportation infrastructure, an estimated 27,800 to 34,800 jobs are created. The private sector companies that do most of the work will hire men and women to do these jobs while the rest of the United States will realize an improvement in their quality of life.

Building America’s Future Chairmen Bloomberg and Rendell Testify for Developing High-Speed Rail for the Northeast Corridor in Congressional Hearing

Press Release

Bloomberg and Rendell ask “What is America Waiting For?”

NEW YORK, NY— Today, Building America’s Future co-chairs Mayor Michael Bloomberg and former governor Ed Rendell were among witnesses to testify at the House Transportation and Infrastructure Committee hearing on the importance of developing true high-speed rail for the Northeast Corridor.

Building America’s Future Praises Obama’s Commitment to Infrastructure

Press Release

Rendell, Schwarzenegger and Bloomberg Urge Congress and Obama Administration to Act on Proposed Initiatives

WASHINGTON, DC— Mayor Michael Bloomberg, and former governors Ed Rendell and Arnold Schwarzenegger praised President Obama’s State of the Union for his broad-based plan to keep America competitive through strategic investments in infrastructure.   The three leaders represent Building America's Future (BAF), a bipartisan and national coalition of elected officials dedicated to bringing about a new era of U.S. investment in infrastructure that enhances our nation's prosperity and quality of life.

“The president’s infrastructure initiative is substantial, but more important, it will make a difference for generations to come,” former Governor Rendell said.  “He knows that infrastructure is about even more than roads, bridges and buildings; it’s about creating jobs, growing the economy and building the future.”

“President Obama understands that putting money into infrastructure is not an expense, it’s an investment,” said Governor Arnold Schwarzenegger.  “And it’s an investment that will reap great benefits for years to come for this country. Infrastructure isn’t about the left versus the right or liberal versus conservative; it’s about falling behind or moving forward.  I urge Congress to work with the president to make infrastructure a bipartisan priority and to move our nation forward.”

“The President’s call for a renewed focus on infrastructure investment – including high speed rail – is critically important to keeping American competitive in the 21st century,” said Mayor Michael Bloomberg. “  “We look forward to working with the White House – and Congressional leaders in both parties –  to base our infrastructure investments on economics, not politics.”

1.3 Infrastructure in the News



KXO Radio: Survey Shows High-Speed Rail Is Gaining Support

12.21 Infrastructure in the News



Daily Finance: U.S. Air Travel Woes Reflect Bigger Infrastructure Issues

Forum in Charleston: National & Local Leaders Call for Infrastructure Investment

Press Release

Building America’s Future’s Educational Fund held a policy forum today in Charleston, SC focused on the importance of smart infrastructure investment as a way to maintain America’s economic competitiveness and to enhance our quality of life. The forum was in partnership with Mayor Joe Riley’s office, the U.S. Chamber of Commerce, the Charleston Metro Chamber of Commerce and the Associated General Contractors of America and featured local and national elected officials and industry leaders.

11.15 Infrastructure in the News



Washington Post: High-speed rail forum looks at future


CBO Report on Public Spending and Water Infrastructure

Published Report

In fiscal year 2007—the most recent year for which data on combined spending by the federal government and by state and local governments are available—total public spending for transportation and water infrastructure was $356 billion, or 2.4 percent of the nation’s economic output as measured by its gross domestic product. For the purposes of this study, transportation and water infrastructure encompasses infrastructure for all forms of surface transportation (highways, mass transit, rail, and waterways), aviation, water resources (such as dams and levees), and water distribution and wastewater treatment.

Recent Developments in Public Spending for Transportation and Water Infrastructure

Between 2003 and 2007, real (inflation-adjusted) public spending on transportation and water infrastructure declined by $23 billion, or 6 percent. That decline, which reflects a decrease in real capital spending, especially by the federal government, stands in contrast to the fairly steady increase in spending for such infrastructure during the previous two decades. In particular, real capital spending on highways, mass transit, and aviation fell markedly even as capital spending on other types of infrastructure— such as rail and water transportation, water resources, and water supply and wastewater treatment-remained stable or rose. The drop in real capital spending for highways, mass transit, and aviation between 2003 and 2007 was primarily the result of a sharp increase in prices for materials used to build such infrastructure—an increase that outpaced the growth of nominal (currentdollar) spending on those types of infrastructure.