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Bipartisan Senate Bill Would Create National Infrastructure Bank
March 17, 2011 by Barbara Chaves|Congress

On March 16, 2011, Senators Kerry (D), Bailey Hutchison (R), and Warner (D) announced the Building and Upgrading Infrastructure for Long-Term Development (BUILD) Act. The bill would create an infrastructure bank to provide loans and loan guarantees to infrastructure projects within a covered sector (transportation, water, or energy), that meet a minimum size requirement, and that demonstrate a clear public benefit. The move is supported by both the U.S. Chamber of Commerce and the AFL-CIO.

House Ways and Means Committee Ordered Airport Bill Reported
March 17, 2011 by Cindy Arevalo|Congress

On March 16, 2011, the House Committee on Ways and Means held a mark up on H.R. 1034, a bill to amend the Internal Revenue Code of 1986 to extend the funding and expenditure authority of the Airport and Airway Trust Fund. The bill was reported without amendment.

House Transportation Committee Approves FAA Extension Bill
March 17, 2011 by Cindy Arevalo|Congress

On March 16, 2011, the House Transportation and Infrastructure Committee approved a short-term extension of Federal Aviation Administration programs, as well as its priorities for federal spending reductions and views and estimates on the budget for the next fiscal year.

Senate Begins Consideration of CR to Fund Gov't on March 17
March 17, 2011 by Cindy Arevalo|Congress

On March 16, 2011, the Senate reached a unanimous-consent-time agreement providing that on March 17, 2011, the Senate will begin consideration of H.J. Res. 48, making further continuing appropriations for fiscal year 2011. H.J. Res. 48 would fund the federal government through April 8, 2011 (from March 18, 2011) and cut $6 billion in non-security discretionary spending.