economics

aging water infrastructure

Investing in Aging Water Infrastructure: Exponential Potential and the Cost of Inaction

A hidden network of pipes and pumps ensure water flows through homes and businesses, but people often take these critical systems for granted. This month, our organizations, the American Society of Civil Engineers (ASCE) and the Value of Water Campaign (VOW), partnered on a new economic report that quantifies water infrastructure investment and what happens......

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Tax Legislation Hurts Infrastructure, Engineers

The American Society of Civil Engineers (ASCE) is concerned that Congress has missed a once-in-a-generation opportunity to address the nation’s infrastructure investment gap. Earlier this month, Congress began the process of crafting tax-cut legislation. The House Ways and Means Committee drafted H.R. 1, the Tax Cuts and Jobs Act, which passed out of committee and......

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Congressman Larson Introduces the “America Wins Act”

Earlier this month, Congressman John Larson (D-CT) introduced H.R.4209, the America Wins Act – a bill which would invest $1 trillion, through taxing harmful pollution, in our infrastructure over a decade. Under this legislation, $400 billion will be invested  in existing federal highway programs and eliminate the $138 billion Highway Trust Fund (HTF) shortfall; $100......

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Infrastructure Week 2017

Infrastructure Week: Time to Build

The fifth annual Infrastructure Week is underway.  More than 100 events are being held around the country this week, with the goal of elevating infrastructure as a critical issue impacting all Americans. Things kicked off Monday morning with an event at the U.S. Chamber of Commerce, featuring Transportation Secretary Elaine Chao, Los Angeles Mayor Eric......

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Infrastructure Week Events to Check Out

There’s a great line up of events happening for Infrastructure Week! See what’s happening near you! Infrastructure Week Calendar of Events Saturday, May 14 Event Location Organizer 9:30 am – 12:00 pm WTS-DC: Complete Streets Bike Tour of Arlington, VA Arlington VA Women’s Transportation Seminar – DC Chapter 10:00 am – 5:00 pm Boston Infrastructure......

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inadequate infrastructure

The High Cost of Underinvesting in Infrastructure: $9 a day

Today’s release of the American Society of Civil Engineers’ Failure to Act: Closing the Investment Gap for America’s Economic Future reveals that inadequate infrastructure is costing every American family $3,400 a year in disposable income. The economic study, an update to the initial series ASCE released prior to the 2013 Report Card, identifies the 10-year......

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Infrastructure This Week

The government shutdown continues to loom over our nation’s infrastructure, causing uncertainty, hurting key services, and further showing the costs of Congressional intransigence. Much like the government itself, our infrastructure has to get out of the short-term mindset, and start planning for long-term growth. Only then will we find success. The good news is businesses......

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ASCE President: Our nation’s infrastructure depends on public and private investment to thrive

On August 5, 2013, the Wall Street Journal ran an op-ed that argued against the merits of public investment in infrastructure. The following is a response from ASCE President Greg DiLoreto: Our nation’s infrastructure depends on public and private investment to thrive Larry Schweikart and Burton Folsom’s editorial (Obama’s False History of Public Investment, Aug.......

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Obama Proposes Plan for Infrastructure Funding

President Obama today gave another in his series of economic speeches at an Amazon distribution center in Tennessee to propose a cut in corporate tax rates in return for a commitment from Republicans to invest more in programs spurring middle-class jobs.  As stewards of our nation’s infrastructure, the ASCE is encouraged by President Obama’s proposal to direct......

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