highway trust fund

Bipartisan Governors Coalition Presses Congress to Act on Transportation Funding

This week, 17 Governors signed a letter urging congressional members to act to find a long-term revenue solution for the Highway Trust Fund and avoid a potential nationwide transportation funding crisis. The Highway Trust Fund, the funding mechanism that drives our nation’s investment in transportation infrastructure, is facing its fifth revenue shortfall since 2008. Motor......

Read Story

Statement on President Obama’s State of the Union from the American Society of Civil Engineers

Washington, D.C. — The following is a statement from Randall S. Over, P.E., president of The American Society of Civil Engineers (ASCE), regarding President Obama’s 5th State of the Union address this evening: “Tonight, President Obama reminded us all that ‘America does not stand still.’ Regrettably, for too long, the same cannot be said of......

Read Story

The Countdown Begins – Our Federal Funding for Transportation May Run Dry Next Year

Transportation is a key issue in 2014 as the Highway Trust Fund will be insolvent by 2015 and MAP-21 is set to expire in September. In some states, transportation projects are already being put on hold because of the uncertainty of future federal funding. The UPDATE Act introduced by Rep. Earl Blumenauer (D-OR) is just......

Read Story

On Infrastructure, Funding is the Challenge

In a recent op-ed in the Wall Street Journal, Philip Howard, of the small-government reform group Common Good, said that when it comes to U.S. infrastructure, “funding is not the challenge.” Where to begin? Funding is an immense, complicated, and ever-changing challenge facing our country’s roads, bridges, water systems, dams, and other infrastructure. Our inability......

Read Story

Highway Trust Fund: Running on Empty

…..Tuesday morning, the House Subcommittee on Highways and Transit met to discuss the status of the Highway Trust Fund (HTF) and the effects its impending insolvency would have on transportation projects nationwide. As it stands, the HTF receives almost 90% of its revenue from taxes on motor fuels. As CAFE standards increase the number of......

Read Story

Obama Expands On Infrastructure Proposals

President Obama last week provided more detailson his infrastructure plans that were first mentioned during the State of the Union address. The administration released a fact sheet that offers some specifics, however many of the details will still have to wait until the President releases his budget proposal in a few weeks. The announcement this......

Read Story

Congressional Budget Office Shows Concern for HTF

The Congressional Budget Office (CBO) predicts both accounts of the Highway Trust Fund will go broke sometime in FY 2015 unless Congress acts to shore up the fund that pays for surface transportation projects. According to a CBO chart obtained, the highway account will end FY 2012 with $8.7 billion and the transit account with......

Read Story

House and Senate Pass Transportation Bill

UPDATE: The House of Representatives passed the transportation conference report by a vote of 373-52 Friday afternoon. The Senate passed the bill 74-19.  The House and Senate worked vigorously all week to come to a compromise surface transportation conference report on Wednesday night. The announcement of a deal came over 1,000 days after the last......

Read Story