Tags: highway funding

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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As Infrastructure Week begins, NSSGA President and CEO Mike Johnson calls for action on Highway Trust Fund

May 12, 2014

As Infrastructure Week begins, NSSGA President and CEO Mike Johnson calls for action on Highway Trust Fund

Infrastructure Week 2014 kicked off Monday. The event, which takes place May 12-16, focuses on “emerging solutions, innovative approaches, and best practices being developed nationwide to modernize aging infrastructure,” according to the event’s website. It features a series of conferences, roundtables, ...

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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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Oklahoma could see 7% production tax on aggregates

Jan 13, 2014

Oklahoma could see 7% production tax on aggregates

A proposed bill in the Oklahoma legislature would allow counties to tax aggregates producers up to 7 percent for the production of silica, sand, gravel and more, NewsOK reports. The bill, HB 1876, would allow each county to tax aggregates production ...

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No gas tax hike for Mississippi; Lt. Gov. Reeves looks to restricted bond bill for funding

Jan 10, 2014

No gas tax hike for Mississippi; Lt. Gov. Reeves looks to restricted bond bill for funding

Mississippi isn’t likely to see an increase in the statewide gas tax anytime soon. Lt. Gov. Tate Reeves said Monday that he won’t support raising Mississippi’s 18-cent-per-gallon fuel tax, our sister site Better Roads reports. He said although highway maintenance is vital ...

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Balance sheet management continues among operators

Nov 01, 2013

Balance sheet management continues among operators

  Corporate divestitures once again dominated the activity last month, with Lafarge North America, Inc. and Vulcan Materials Co. leading the way. Balance sheet management continues to be the emphasis to create liquidity and borrowing capacity to take advantage of when ...

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Highway Funding: Past, Present and Future

Jul 24, 2013

Highway Funding: Past, Present and Future

As reported earlier this week, the Senate is currently considering a spending bill for the Departments of Transportation (U.S. DOT) and Housing and Urban Development (HUD). In a prepared opening statement before the Committee on Transportation and Infrastructure, Tom Petri (R-Wis.), ...

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