US Tranportation Secretary pessimistic?

US Transportation Secretary Ray LaHood has expressed doubts that the reauthorisation bill will be passed in the current session of Congress, according to the Innovation Briefs report by Ken Orski.
March 15, 2012 Read time: 1 min
US Transportation Secretary Ray LaHood has expressed doubts that the reauthorisation bill will be passed in the current session of Congress, according to the 3949 Innovation Briefs report by Ken Orski.

LaHood spoke during the recent annual meeting of the 2774 Transportation Research Board in Washington, where six US transportation secretaries discussed challenges they had met during their time in office. LaHood’s comments drew some surprise given recent announcements from the US Government about the importance of infrastructure.

There have been some earlier comments that the Senate Finance Committee may have arrived at a bipartisan agreement on providing the US$13 billion needed to fund the bill. However LaHood pointed out that the politically polarised situation in the 10 months to the next US election will make it hard for sufficient agreement to be reached that would allow the reauthorisation bill to be passed.

For more information on companies in this article

Related Content

  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More
  • Infrastructure investment will help construction jobs
    February 23, 2012
    The construction equipment manufacturing industry has been hit hard by the recession worldwide. Profits for 2009 reveal the sharp drop in business that began escalating around the globe during the third quarter of 2008. The problems have been most acute in the market for compact utility equipment
    Read More
  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to
    Read More
  • The AFB20 (2) Roadside Safety Sub-committee urges more cooperation
    November 17, 2015
    The AFB20 (2) Roadside Safety Sub-committee on International Research Activities calls for closer cooperation between road authorities and the industry On 15 September 2015, the AFB20 (2) Roadside Safety Sub-committee on International Research Activities held its third European workshop in Istanbul, Turkey.
    Read More

Highlighted Content