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Valves & Actuators 101 Precedes Valve World Americas Expo & Conference 2015

Valves & Actuators 101 Precedes Valve World Americas Expo & Conference 2015

VMA is presenting a one-day version of its popular...

Turning Back the Tides of a Truly Super Storm

Turning Back the Tides of a Truly Super Storm

Superstorm Sandy made landfall Oct. 29, 2012 on th...

True Meaning of Double Block and Bleed

True Meaning of Double Block and Bleed

From time to time, we will re-post particularly we...

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The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.7% in April to 122.3, following a 0.4% increase in March, and a 0.2% declin...

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CBO: What an Infrastructure Bank Would Mean for U.S.

Last week the Congressional Budget Office (CBO) released a report weighing the potential benefits and/or drawbacks of the proposed infrastructure bank.

An infrastructure bank, the CBO says, could play a limited role in enhancing investment in surface transportation projects by doing the following:

  • Providing new federal subsidies (in the form of loans or loan guarantees) to a limited number of large projects, and
  • Allowing the benefits of potential projects to be more readily compared in a competitive selection process.

A potential advantage of such a bank is that it could encourage sponsors of projects to charge users for the benefits they receive, which would mean that the subsidies to such projects could be a small percentage of total costs. A second potential advantage is that the selection process could overcome certain barriers to the financing of multijurisdictional or multimodal projects.

A key limitation of providing funding through a federal infrastructure bank is that only some surface transportation projects would be good candidates for such funding, because most projects do not involve tolls or other mechanisms to collect funds directly from project users or other beneficiaries.

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Valve Magazine Digital Edition

15 SPR CVRInside the Spring 2015 issue…

• Heavy Oil
• 3D Printing Gains Momentum
• Restoring Power After Sandy
• What is a Surplus Valve?

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