Tags: transportation funding

Obama says now is time to raise gas tax with oil prices plummeting

Feb 08, 2016

Obama says now is time to raise gas tax with oil prices plummeting

Gas prices are continuing to drop to historic lows, and there's really no sign showing the trend will reverse any time soon. That's why President Barack Obama thinks now is as good a time as any to raise the gas ...

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Obama proposes $10-per-barrel tax on oil production

Feb 04, 2016

Obama proposes $10-per-barrel tax on oil production

President Barack Obama is aiming to implement more measures to combat climate change, and this time he's eyeing the transportation industry to foot the bill. The Hill reported that the White House announced Obama will propose with his budget request next week a $10-per-barrel ...

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Texas DOT announces $1.3 billion plan for projects to improve traffic congestion

Feb 03, 2016

Texas DOT announces $1.3 billion plan for projects to improve traffic congestion

The Texas Department of Transportation (TxDOT) has released a $1.3 billion plan for accelerated transportation project completion aimed at improving traffic congestion across the state. The Texas Transportation Commission (TTC) will need to approve the strategy. “The major metro areas of ...

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Democratic presidential candidates call for increased road funding

Jan 19, 2016

Democratic presidential candidates call for increased road funding

All three of the Democratic presidential candidates vowed that transportation funding would be one of the top priorities in the first 100 days if they were sent to the White House. In the first question of the final Democratic presidential debate ...

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California governor proposes annual vehicle fee to fund road construction

Jan 13, 2016

California governor proposes annual vehicle fee to fund road construction

California needs more money for its aging roads and bridges, but with so many electric vehicle drivers, the state isn't getting enough gas taxes to foot the bill. Gov. Jerry Brown has proposed a new plan to try to put ...

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Kentucky governor cuts $112.5 million from transportation budget

Jan 11, 2016

Kentucky governor cuts $112.5 million from transportation budget

Kentucky might see several road construction projects delayed after the governor ordered a $112.5 million cut – 5.6 percent – in the state's transportation budget. Gov. Matt Bevin issued the budget reduction order this Monday to offset an expected shortfall in ...

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AED: Highway bill to stimulate more than $13B for equipment industry

Dec 10, 2015

AED: Highway bill to stimulate more than $13B for equipment industry

The newly passed FAST Act that pumps $305 billion in to transportation over the next year isn't just good for the construction companies doing the road work and the drivers who might have an easier commute. It's also major boon ...

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States praise Congress for passing long-term highway bill

Dec 09, 2015

States praise Congress for passing long-term highway bill

When Congress passed the first national long-term highway bill in a decade last week, it was a huge relief to the states. The constant uncertainty with patch after patch made planning for transportation projects difficult because state DOTs didn't know ...

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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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House overwhelmingly passes five-year, $305 billion highway

Dec 03, 2015

House overwhelmingly passes five-year, $305 billion highway

America's one step closer to having long-term transportation funding for the first time in a decade as the House of Representatives voted overwhelmingly to pass the five-year, $305 billion FAST Act Thursday. The bill easily cleared the first hurdle as it passed by a ...

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White House says Obama will sign transportation bill, House set to vote today

Dec 02, 2015

White House says Obama will sign transportation bill, House set to vote today

President Barack Obama will sign Congress' new $305 billion transportation bill into law should it pass both the House of Representatives and the Senate this week. According to The Hill, White House Press Secretary Josh Earnest said the president will sign ...

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House and Senate unveil five-year, $305 billion highway bill

Dec 01, 2015

House and Senate unveil five-year, $305 billion highway bill

Members of the United States House of Representatives and the Senate were able to reach an agreement on a unified highway bill and announced on Tuesday a $305 billion bill that would provide transportation funding for five years. The negotiators from the two ...

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