Senate committee approves transportation and HUD budget
The Hill – April 17, 2012
A $53.4 billion budget for the Transportation and Housing and Urban Development departments was approved on Tuesday by a Senate subcommittee. The measure was approved by the Senate Appropriations Committee’s subcommittee on Transportation, Housing and Urban Development, and Related Agencies. It is less than the $74 billion President Obama requested for transportation in his 2013 budget proposal, and $44.8 billion less than he called for housing and urban development.
Highway Bill Faces Veto over Pipeline Provision
Reuters – April 18, 2012
he White House on Tuesday renewed its threat to veto legislation to fund U.S. transportation projects responsible for millions of jobs if it includes the politically charged Canada-to-Texas Keystone XL oil pipeline.
Austin, Atlanta Give ‘Middleweight’ U.S. Cities Global Punch
Businessweek – April 17, 2012
Mid-size U.S. cities such as Austin, Texas, and Atlanta will join New York and Los Angeles to drive more than 10 percent of the world’s growth from now to 2025, McKinsey Global Institute said in a report.