State and local governments spend roughly half a trillion dollars annually on transportation and water infrastructure.
But is it enough to keep up with growing repair backlogs and bring infrastructure into the 21st century? https://t.co/YXdRBTG4zQ
The rise of electric vehicles could eventually make gas taxes obsolete everywhere—even in states where revenues are still rising, notes @Politico’s @AdamAton.
The trend underscores why states need to source new transportation funds now. https://t.co/VygAOUTFeB
The largest share of revenue from federal funds (FY21):
1) Alaska: 57.2%
2) Louisiana: 53.6%
3) Montana: 51.5%
4) Rhode Island: 50.5%
... and the smallest:
47) New Jersey: 29.3%
48) California: 27.8%
49) Utah: 27.0%
50) Kansas: 26.9%
Your state's data: https://t.co/buf5IkJMCs
This time last year, a three-year-long La Niña (when equatorial Pacific Ocean waters are cooler than normal) was still in full swing. This year? It’s red hot, as El Niño brings in warmer-than-usual sea surface temperatures, affecting weather patterns worldwide.
Increased collaboration among federal, state, and local leaders can help make infrastructure more resilient and communities safer. Learn more about government plans for resiliency against climate change: https://t.co/KapYKHgKQL
“Was SVB running a stress [tests scenarios] to see how liquid we would be in a period of stress? We do not know. Thanks to all those politicians and bank lobbyists who fought hard to lower risk management requirements for banks under $250B assets” SVB didnt have to disclose this
This article offers a great breakdown of how some of the Dodd-Frank era regulations, like stress testing, that have been scaled back through bipartisan efforts over the years since the Great Recession could’ve yielded warnings on #SVB looming troubles https://t.co/lIJs68QmTG
As the author points out, “the problem with SVB’s asset was not credit, but rather market risk, specifically their sensitivity to interest rate risk.” The likelihood that the Fed would have to raise rates after over a decade of lower interest rates was expected for some time now
Today, buses in many parts of the U.S. are old and don’t run often enough or serve all the places where people need to go. But this doesn’t reflect the bus’s true capability. #publictransit
https://t.co/jANjiEwzW3
After razing homes and uprooting hundreds of residents more than a half-century ago, West Baltimore’s 1.4-mile ditch known as the “Highway to Nowhere” could — finally — be nearing its end. https://t.co/m8nyZidqKf
Im grateful for the civic leadership of @CHNABoard & excellent local reporting by the @WashInformer. Here’s hoping #PGcounty does a better job centering the health & wellbeing of its residents & environment in its decision-making going forward #pgcountymd#EnvironmentalJustice
As a newer resident, I only recently learned that this playground & trail near my house was almost torn down to make room for yet another gas station on a stretch thats already full of them, if it hadn’t been for this amazing group of folks that Im proud to call my neighbors
As one of the #MontgomeryCounty residents point out in this piece, “Why should animals, plants and people in Prince George’s be exposed to more airborne poisons than people in Montgomery County”
& very disappointing to read that not only did @pgparks negotiate with gas station reps about tearing down the park, they tacitly supported the plans despite the enviro. harms to residents and wildlife to the area, this is how the parks dept services the PG community?
After two years of widespread surpluses, state finances appear to be at a turning point.
Two reasons why:
• Weakening economic conditions
• Fading temporary factors that had bolstered recent growth
Trends, map, chart 👇 https://t.co/txHjSwtTKc
The network of transmission lines that carry electricity across the U.S. is old — and it's not set up to meet the anticipated demand for clean energy sources like wind and solar. https://t.co/a8EoezRvCH
Seemingly, a promising step forward in getting measurable and visible commitments from state and local leaders on the ambitious goals laid out in the #Justice40 initiative. #iija#equity#BuildBackBetter#infrastructure
As part of the Biden administration’s effort to overcome inequality, federal agencies will now be required to designate leaders to implement equity mandates and release yearly action plans to the public. https://t.co/Gwn98QiAxz
My colleagues @sbantastic and @fyou1226 explain the impacts of underinvestment in public infrastructure, including future repair backlogs, in this article. https://t.co/ny9658G3TN