Public spending -- spending by federal, state, and local governments -- on transportation and water infrastructure totaled $416 billion in 2014. Most of that spending came from state and local governments. They provided $320 billion, and the federal government accounted for $96 billion. This report provides information on spending for six types of transportation and water infrastructure: highways, mass transit and rail, aviation, water transportation, water resources, and water utilities. It shows that public spending on transportation and water infrastructure has been a fairly constant share of economic activity for 30 years; and prices of materials and other inputs used for transportation and water infrastructure began to rise rapidly in 2003. Figures. This is a print on demand report.
This book presents an in-depth look at US infrastructure and its challenges in the 21st century. While infrastructure has received considerable attention in recent years, much of the discussion has concentrated on physical, economic, or noneconomic conditions. The Trump administration has heightened interest in the topic, promising infrastructure spending during his tenure, yet little demonstrable progress has been made. This book brings together a multi-disciplinary perspective—structural, technological, economic, financial, political, planning, and policy—that has been largely absent in discussions on the subject, to provide a clearer and broader understanding of the challenges facing US infrastructure. The book is divided into three parts: Part I looks at the challenges from a structural, technological, and sustainability perspective; Part II from an economic, productivity, and finance perspective; and Part III from an institutional, security, and political perspective. Written primarily for policy makers, managers, and administrators in public and private organizations, as well as individuals and academics with an interest in the future of US infrastructure, this book provides an in-depth analysis of the US infrastructure problem, its causes and consequences, and suggests timely, specific measures that may be taken at the state, local, and federal levels to improve and better secure our roads, transit, public buildings, economy, and technology.
A city's infrastructure influences the daily life of residents, neighborhoods, and businesses. But uniting the hard infrastructure of roads and bridges with the soft infrastructure of parks and public art creates significant political challenges. Planners at all stages must work at an intersection of public policy, markets, and aesthetics--while also accounting for how a project will work in both the present and the future. The latest volume in the Urban Agenda series looks at pressing infrastructure issues discussed at the 2017 UIC Urban Forum. Topics include: competing notions of the infrastructure ideal; what previous large infrastructure programs can teach the Trump Administration; how infrastructure influences city design; the architecture of the cities of tomorrow; who benefits from infrastructure improvements; and evaluations of projects like the Chicago Riverwalk and grassroots efforts to reclaim neighborhood parks from gangs. Contributors: Philip Ashton, Beverly S. Bunch, Bill Burton, Charles Hoch, Sean Lally, and Sanjeev Vidyarthi
American leadership in the world is built on the foundation of its economic strength. Yet the United States faces enormous economic competition abroad and threats to its economy at home. In How America Stacks Up: Economic Competitiveness and U.S. Policy, Edward Alden, Bernard L. Schwartz senior fellow at the Council on Foreign Relations and director of the Renewing America initiative, and Rebecca Strauss, associate director of Renewing America, focus on those areas of economic policy that are the most important for reinforcing America’s competitive strengths. Covering education, transportation, trade and investment, corporate tax, worker retraining, regulation, debt and deficits, and innovation, How America Stacks Up shows how, in a highly competitive global economy, these seemingly domestic issues are all crucial to U.S. success in the global economy. The line between domestic economic policy and foreign economic policy is now almost invisible, and getting these policies right matters for more than just U.S. living standards. The United States’ ability to influence world events rests on a robust, competitive economy. But without further investment in education, infrastructure, and innovation, Alden and Strauss show, the United States runs the risk of endangering its greatest competitive advantage. Through insightful analysis and engaging graphics, How America Stacks Up outlines the challenges faced by the United States and prescribes solutions that will ensure a healthy, competitive U.S. economy for years to come.
Represents the annual report of the President's Council of Economic Advisers. Appendix B contains historical tables (from 1959 or earlier) on aspects of income (national, personal, and corporate), production, prices, employment, investment, taxes and transfers, and money and finance.
Politicians and citizens universally agree that Canada’s urban infrastructure urgently needs work. Roads and bridges are overdue for repair, aging water systems should be replaced, sewage must be adequately treated, urban transit needs to be updated and extended, and it is necessary that public housing as well as schools, health centres, and government offices are brought up to current standards. But few cities have room to raise additional revenue, and the federal and provincial governments to which they turn for financial support are already in deficit, so who is going to pay for all of this? Bringing together perspectives and case studies from across Canada, the US, and Europe, Financing Infrastructure argues that the answer to the question “Who should pay?” should always be “users.” Headed by two of Canada’s foremost experts on municipal finance, this book provides a closer look at why charging user fees makes sense, how much users should pay, how to charge fees well and where present processes can be improved, and how to convince the politicians and the public of the importance of pricing infrastructure correctly. Across the disciplines of public policy, urban studies, and economics, almost no one is looking at the extent to which users should play a role in infrastructure planning. Financing Infrastructure contends that the users, not federal and provincial taxpayers, should start paying directly for their cities’ repairs and expansions. Contributors include Richard M. Bird (University of Toronto), Bernard Dafflon (University of Fribourg, Switzerland), Robert D. Ebel (Local Governance Innovation and Development), Harry Kitchen (Trent University), Jean-Philippe Meloche (Université de Montréal), Matti Siemiatycki (University of Toronto), Enid Slack (University of Toronto), Almos T. Tassonyi (University of Calgary), Lindsay M. Tedds (University of Victoria), François Vaillancourt (Université de Montréal), and Yameng Wang (World Bank).
The Road to Inequality shows how policies that shape geographic space change our politics, focusing on the effects of the largest public works project in American history: the federal highway system. For decades, federally subsidized highways have selectively facilitated migration into fast-growing suburbs, producing an increasingly non-urban Republican electorate. This book examines the highway programs' policy origins at the national level and traces how these intersected with local politics and interests to facilitate complex, mutually-reinforcing processes that have shaped America's growing urban-suburban divide and, with it, the politics of metropolitan public investment. As Americans have become more polarized on urban-suburban lines, attitudes towards transportation policy - a once quintessentially 'local' and non-partisan policy area - are now themselves driven by partisanship, endangering investments in metropolitan programs that provide access to opportunity for millions of Americans.
Contains the Economic Report of the President as transmitted to the Congress in March 2015, together with The Annual Report of the Council of Economic Advisers and the Statistical Appendix, and includes many charts and graphs in full color.
Concerns about the nation's infrastructure and its ability to support commerce and promote public well-being have prompted calls for greater infrastructure spending. In response to a request from the Chairman and Ranking Member of the Senate Committee on Finance, the Congressional Budget Office (CBO) prepared this study, which analyzes recent developments in spending on transportation and water infrastructure, trends in spending for capital and for operations and maintenance by the various levels of government, and the rationale for public spending on infrastructure. This study updates a 2007 report, Trends in public spending on transportation and water infrastructure, 1956 to 2004--Preface.
To create an enhanced quality of life, attract business relocation, and enhance equity in access to public infrastructure, governmental bodies must take certain precautions with their money. Budgeting at such a high level requires careful evaluation and research that addresses every aspect of financial management. Capital Management and Budgeting in the Public Sector provides emerging research exploring the theoretical and practical aspects of long-term capital planning, annual capital budgeting, capital budget execution, and public spending evaluation. Featuring coverage on a broad range of topics such as fiscal federalism, political regime, and project execution management, this book is ideally designed for managers, accountants, professionals, practitioners, and researchers working in the areas of public finance and/or international development.
