Transportation and Infrastructure (March 2013)

Secure ports vital to our economy

While our nation’s economy is growing and the unemployment rate fell from 7.9 percent in January to 7.7 percent in February, for millions of Americans still out of work, it is not growing nearly fast enough.

Efficient transportation system is crucial to economy, way of life

Transportation is the lifeblood of the American economy and our way of life. An efficient national transportation network allows businesses to lower transportation costs, which in turn lowers production costs and costs to consumers. It allows American businesses to be competitive in the global marketplace and for our economy to prosper and grow.

Government must take lead on infrastructure

The federal government has always played a role in building our nation’s transportation networks — and our nation’s economic growth demands that role continue. In the 19th century, we saw the economic potential of an interconnected nation, and the federal government created the incentives for railroads to connect the coasts. In the 20th century, national security demanded that we upgrade our highways, and the federal government created the Interstate Highway System that forever changed forever the American landscape. We also created a world-class system of airports to usher in the jet age. In the 21st century, we need to make the same bold investment in transportation to meet our national security, economic and environmental needs. 

Highway Trust Fund crisis only years away

By 2015, the Highway Trust Fund, responsible for funding critical investments in our nation’s federal transportation system, will be broke. According to the Congressional Budget Office, the Highway Trust Fund (HTF) will be in the red, with a negative balance of $7 billion by 2015, according to current law. 

Buy American to help build America

Amid all the partisanship and rancor that exists in Congress, members of all political stripes can generally agree on two things: the importance of jobs and that our federal tax dollars should be spent wisely.

Investing today for a better tomorrow

When I ran for governor, I pledged that I would dedicate myself to making Virginia a jobs magnet. Our slogan was simple: Bob’s for Jobs. And that’s been my focus since we took office in January 2010. 

Transportation energy taxes are well worth a try

Of all taxes imposed by the federal government, perhaps none is more detested than the federal gas tax. At 18 cents a gallon, it is the second-lowest in the 34 Organization for Economic Cooperation and Development (OECD) member countries, just above Mexico, and well below the average OECD rate of $2.40 cents a gallon (Great Britain is about $3.55 a gallon). Americans also enjoy the second-lowest overall energy taxes in the OECD and the second-lowest taxes on carbon emissions.

Planning for the future with infrastructure

All the partisan bickering and finger-pointing over sequestration has managed to divert our attention from other equally serious issues facing the country today, including the sorry state of our deteriorating infrastructure.