Tags: CBO

Short-term patch on hold while Senate panel sorts out spending concerns

Jun 26, 2014

Short-term patch on hold while Senate panel sorts out spending concerns

The Senate Finance Committee has delayed its vote on a proposed short-term patch that would provide funding for transportation infrastructure projects through Dec. 31, The Hill reports. During a markup of the Preserving America’s Transit and Highways (PATH) Act Chairman Ron ...

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What you need to know about federal transportation funding

Jun 13, 2014

What you need to know about federal transportation funding

The Highway Trust Fund (HTF) is a major talking point in the highway construction industry right now, especially because the major funding source is likely to run out of money in less than three months. HTF insolvency would mean projects ...

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CBO data show Highway Trust Fund faces shortfall under President Obama’s proposed budget

Apr 21, 2014

CBO data show Highway Trust Fund faces shortfall under President Obama’s proposed budget

The Highway Trust Fund (HTF) would run out of money under President Barack Obama’s proposed $302 billion, four-year highway budget, according to data released from the Congressional Budget Office (CBO). In addition to allocating funds to various transportation sectors, the bill ...

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