Tags: funding

U.S. Postal Service could be the solution to the Highway Trust Fund dilemma

May 30, 2014

U.S. Postal Service could be the solution to the Highway Trust Fund dilemma

As the deadline to find a revenue source (or sources) for highway projects draws nearer, some lawmakers are looking for creative means of funding. The main source of funding, the Highway Trust Fund, is expected to run out of money in ...

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U.S. Travel Association: Lack of infrastructure investment puts nation at competitive disadvantage

May 26, 2014

U.S. Travel Association: Lack of infrastructure investment puts nation at competitive disadvantage

The “crumbling infrastructure” in the U.S. threatens global competitiveness as well as job and economic growth, business leaders say. A survey conducted by Building America’s Future (BAF) and the U.S. Travel Association found that more than three-quarters of respondents said the ...

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Utah could see gas tax increase

May 23, 2014

Utah could see gas tax increase

The state gas tax in Utah may start rising if a proposed hike is approved. The state’s Transportation Interim Committee this week discussed a potential annual 1.5-cent-per-gallon increase that would be implemented over the next five years, the Associated Press reported. Utah’s ...

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New Hampshire to raise fuel tax by 4.2 cents in July

May 21, 2014

New Hampshire to raise fuel tax by 4.2 cents in July

New Hampshire can expect a 4.2-cent gas tax increase this summer, after the state’s governor signed a new bill to provide more money for transportation. Gov. Maggie Hassan on Tuesday signed SB 37, legislation that would raise the state’s gas and ...

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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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Latest Highway Trust Fund Ticker update again predicts August shortfall

May 14, 2014

Latest Highway Trust Fund Ticker update again predicts August shortfall

The U.S. Department of Transportation maintains its projection that the Highway Trust Fund will shortfall in August, according to the latest update of the agency’s Highway Trust Fund Ticker. Transportation Secretary Anthony Foxx introduced the Ticker in January. It is designed ...

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President Obama highlights transportation funding needs, Highway Trust Fund insolvency during National Transportation Week

May 12, 2014

President Obama highlights transportation funding needs, Highway Trust Fund insolvency during National Transportation Week

The White House announced on Friday that May 11-17 is National Transportation Week and May 16 is National Defense Transportation Day. The announcement comes as Infrastructure Week begins, bringing several conferences, roundtables, educational seminars and other infrastructure-related events to Washington, D.C. The ...

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Highway funding talks ramp up

May 08, 2014

Highway funding talks ramp up

Several transportation lawmakers and experts this week have heated up the conversation about highway funding and the new highway bill. Earlier this week, the House Appropriations Committee released its appropriations bill for the Departments of Transportation, and Housing and Urban Development ...

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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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Top transportation senators reveal priorities for new highway bill

Apr 11, 2014

Top transportation senators reveal priorities for new highway bill

Sen. Barbara Boxer (D-Calif.) said Thursday that she and three other top transportation senators have “reached an agreement in principle on a transportation bill.” During a press conference, Boxer, who is chairman of the Senate Environment and Public Works Committee, — ...

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House GOP budget proposal offers Highway Trust Fund solution; transportation advocates aren’t impressed

Apr 04, 2014

House GOP budget proposal offers Highway Trust Fund solution; transportation advocates aren’t impressed

Rep. Paul Ryan (R-Wis.), House Budget Committee chairman, on Tuesday introduced the fiscal year 2015 House Republican budget, which offers a solution for the nearly insolvent Highway Trust Fund (HTF). The HTF -- the main source of funding for state and ...

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DOT says Highway Trust Fund could run out in late July

Mar 18, 2014

DOT says Highway Trust Fund could run out in late July

The U.S. Department of Transportation has updated its Highway Trust Fund Ticker, and a chart on the page shows that the Highway Trust Fund (HTF) could shortfall as early as the end of July. Transportation Secretary Anthony Foxx introduced the Highway ...

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