Despite populist opposition in Charlotte, NC and parts of Texas, 2017 has been a banner year for express toll lanes (ETLs). At least eight new facilities opened to traffic this year, another dozen are under construction (or about to be), and at least another dozen new projects have been announced...
Egg production costs soar nationwide, thanks to California’s cage regulations. Now other states are fighting back. Yesterday, the Attorney General of Missouri filed a Motion for Leave to File a Bill of Complaint in the United States Supreme Court, charging California with violations of the Constitution. The Bill of Complaint...
Let’s discuss the Virginia Economic Development Partnership (VEDP) and set the record straight regarding what really happened with its management fiasco, along with its historic reform by the Virginia General Assembly this year. At this point, a broad outline of the VEDP’s failures is well known to the public and...
It’s pretty clear that since 2009, there has been a trend toward greater use of the availability-payment model for long-term P3 concessions in the highway sector. Nine such projects have been financed since 2009, including the Port of Miami Tunnel, the Goethals Bridge, and the East End Bridge. During this...
The Tax Cuts and Jobs Act currently being considered by the Congress, according to Martin Feldstein, Chairman of President Reagan’s Council of Economic Advisors and renowned Harvard Economics professor, “could increase the U.S. capital stock by $5 trillion and cause a $500 billion rise in annual income.” Yet, many special...
Terry McAuliffe’s days as governor of Virginia are rapidly drawing to a close, but proposed carbon-dioxide regulations working through the administrative process could prove to be his most lasting legacy. If adopted, the rule would cap carbon emissions at large power plants in 2020 and then require 3% reductions annually...
