Tags: Congressional Budget Office

Highway Trust Fund spending would reach $280 billion in 2016-2020 via FAST Act

Dec 07, 2015

Highway Trust Fund spending would reach $280 billion in 2016-2020 via FAST Act

Just days before the FAST Act became law, the Congressional Budget Office (CBO) offered its review of the new five-year, $305 billion highway bill’s “budgetary impact” and how it would affect the Highway Trust Fund (HTF). The CBO found spending from ...

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Dear Congress: Time to show some urgency

Oct 09, 2014

Dear Congress: Time to show some urgency

The Transportation Construction Coalition (TCC) is urging Congress to pass a new long-term surface transportation measure as soon as possible. TCC says failing to do so will lead to another self-imposed funding crisis would undermine vital road, highway and transit ...

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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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Senate panel approves MAP-21 Reauthorization Act

May 15, 2014

Senate panel approves MAP-21 Reauthorization Act

The Senate Environment and Public Works Committee unanimously approved a six-year surface transportation reauthorization bill Thursday morning. Top committee members Sens. Barbara Boxer (D-Calif.), committee chairman; David Vitter (R-La.), committee ranking member; Tom Carper (D-Del.), chairman of the Subcommittee on Transportation ...

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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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Data Mining August 2011

Aug 01, 2011

Data Mining August 2011

Fed grows pessimistic about economy By George H. Reddin Momentum for merger and acquisition activity cannot catch a break, and comments from the recent Federal Reserve Board meetings will not help spur on any additional activity. The Federal Reserve has grown more pessimistic ...

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