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ARTBA: House Bill “Dropped the Ball” on Transportation Tax Reform

A leading transportation infrastructure group criticized the House tax bill passed Nov. 16 for failing to address the looming insolvency of the Highway Trust Fund in 2021 and the “$1,000 per year 'hidden tax' borne by every American household due to ever increasing traffic congestion on the Interstate highways.”In a statement released following the House tax vote, American Road & Transportation Builders Association (ARTBA) President & CEO Pete Ruane said, “The Highway Trust Fund solvency problem is a revenue problem, not a policy problem. It is a problem that rests squarely on the shoulders of the House and Senate committees charged with developing revenue and tax bills. Federal transportation tax reform should be a priority in this broad legislation. Thus far, the ball has been dropped.”Ruane noted 253 House members—119 Republicans and 134 Democrats—signed a June 12 letter to House Ways & Means Committee Chairman Kevin Brady (R-Texas) and Ranking Democrat Richard Neal (D-Mass.) urging a permanent trust fund solution be included in tax reform....


Terex Utilities to Deliver 5,000 Aerial Devices to China

Terex Utilities and its dealer Xuzhou Handler Special Vehicles Co. Ltd. have signed a letter of intent for Xuzhou to purchase 5,000 units of insulated aerial devices from Terex over a five-year period, with a total value of more than $250 million....


U.S. Department of Labor Announces HIRE Vets Medallion Program

The U.S. Department of Labor announced Nov. 9 its Final Rule for the Honoring Investments in Recruiting and Employing (HIRE) American Military Veterans Act. The law, signed by President Trump in May, creates the HIRE Vets Medallion Program, which will recognize companies and organizations for their efforts to recruit and retain America's military service veterans....


Hammers, Axes Will Help Test Trump Border Wall Prototypes

The U.S. government announced Oct. 26 that prototypes for President Donald Trump's proposed border wall with Mexico have been completed and will be subjected to punishment to test their mettle — by workers wielding sledgehammers, torches, pickaxes and battery-operated tools....


Lawmakers Meet to Hash Out Infrastructure Plan

House lawmakers and the Trump Administration's legislative affairs team met Oct. 5, to talk about plans to rebuild the nation's infrastructure, The Hill reported. Among others in the bipartisan meeting were two members of the Transportation and Infrastructure Committee....


AGC: Unified Tax Reform Framework to Lower Construction Costs, Allow Focus on Businesses

The CEO of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement in reaction to the Unified Framework released Sept. 28 by congressional leaders and the Trump administration:"The tax reform framework is a step in the right direction....


Trump Waives 28 Laws to Expedite Border Construction

The Trump Administration will waive a series of laws and regulations to expedite the construction of a two-mile stretch of border wall in California. The piece of wall in question is located in Calexico, Calif., and would replace 1990s-era 14-ft....


Four U.S. Companies Win Border Wall Prototype Construction Contracts

The Trump administration announced it has chosen four construction companies to build the prototypes for the border wall, U.S. Customs and Border Protection said Aug. 31, Reuters reported. The companies chosen are:Caddell Construction Company, Montgomery, Ala....


With No Federal Infrastructure Spending Plan, Construction Stocks Drop

Construction stocks are losing money as President Trump's $1 trillion infrastructure spending plans could be pushed back to 2018. Although Trump promised to get the money early is his first year as president, he has now said that he will try to get a bill through Congress at the end of this year, but Bloomberg Markets reported that 2018 is looking more likely....


Trump Approves Construction of War on Terror Memorial

President Trump recently signed a bill approving the construction of a Global War on Terror memorial to honor those who sacrificed their lives in Iraq and Afghanistan since 2001, Stars and Stripes reported....







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