Recent Streetsblog SF posts about Federal Stimulus Plan

Obama Includes Infra Bank in His Jobs Push; Mica Rejects It Out of Hand

By Tanya Snyder | Sep 9, 2011

Last night, President Obama addressed a joint session of Congress to present his new jobs plan, a bill he’s calling the American Jobs Act. He relied on the well-worn appeal to people’s patriotic competitiveness by pointing out that China is improving its infrastructure while the U.S. is sitting idly by. Without mentioning the dollar figure […]

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Republicans Line Up to Oppose Obama’s Transportation Proposal

By Adam Voiland | Sep 8, 2010

The critical multi-year transportation bill, which lawmakers have sidelined since last summer as they’ve quarreled about how to pay for it, looks to be back on the agenda after President Obama’s pugnacious Labor Day speech, in which he called on Congress to ramp up investment in transportation. The broad outline of Obama’s plan calls for […]

House Set to Pass Jobs Bill With Changes, Prompting Another Senate Vote

By Elana Schor | Mar 4, 2010

The House has just begun voting on the Senate jobs bill, which includes a $20 billion reprieve for the nation’s highway trust fund and an highway expansion of Build America Bonds — but though the legislation is expected to pass, it won’t be headed to the president’s desk yet. Rep. Pete DeFazio (D-OR) (Photo: UPI) […]

Moody’s Gifts Fossil-Fuel States With Positive Credit Outlook

By Elana Schor | Mar 4, 2010 | 1 Comment

Comparing the falloff in state tax revenue to shifts in total unemployment. (Chart: Moody’s) Credit-rating agencies — particularly Moody’s and S&P, the nation’s two premier shops — wield significant influence over the financial health of private companies. But state and local officials are often equally dependent on good credit ratings to borrow money for transportation […]

New Dem Campaign Brands Stimulus Critics as ‘Highway Hypocrites’

By Elana Schor | Mar 3, 2010

Rep. Cathy McMorris Rodgers (R-WA) joined others in her party in voting against the stimulus before praising its local impact. (Photo: Seattle Times) As more media outlets note the phenomenon of GOP lawmakers who voted against the Obama administration’s economic stimulus law before seeking — and taking credit for winning — a share of its […]

TCS: Disputed Transport Provision in Jobs Bill Rewarded Political Clout

By Elana Schor | Mar 2, 2010

A provision in the Senate jobs bill that would distribute $932 million in 2010 transportation funding based on existing earmarks is in line for a quick fix, thanks to a deal struck on Friday between House transportation committee chairman Jim Oberstar (D-MN) and Democratic leaders in the upper chamber. Former House Speaker Dennis Hastert (R-IL), […]

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