SAFETEA-LU
Q1 2016 Economics Pulse: The year ahead
As we begin 2016, we cannot help but look back at what a remarkable year 2015 was for the construction materials industry. For many companies, 2015 marked their best year of financial performance since the Great Recession. In May, Summit… Keep Reading
Obama signs 5-year, $305B highway bill into law
President Obama signed the five-year, $305 billion highway bill Friday that Congress passed one day earlier. The bill, called the Fixing America's Surface Transportation (FAST) Act, represents the first long-term national transportation spending package since SAFETEA-LU expired in 2009. "This… Keep Reading
Serious reauthorization talks spiral into likely short-term extension
ISTEA. TEA-21. SAFETEA-LU. MAP-21. Now what? Uncertainty has surrounded the reauthorization of surface transportation funding before. But given the downward trend over the last 20 years in the length of reauthorization bills, plus considering the diminishing number of federal dollars… Keep Reading
Senate passes two-year highway and mass transit legislation
With a vote of 74-22, the Senate on March 14 passed its two-year, $109 billion highway and mass transit bill. The House's efforts at crafting a five-year bill have hit roadblocks in recent weeks because of bipartisan opposition to parts… Keep Reading
