transit

FY 2016 projected estimates for weekly cash balances

Highway Fund in Trouble by November 20th

  The U.S. Department of Transportation (USDOT) recently announced that the Highway Account of the federal Highway Trust Fund (HTF) will become insolvent by November 20, 2015 if Congress fails to provide additional revenue.  The HTF also has a Transit Account that will become insolvent by May 27, 2016.  USDOT deems the Highway Account to......

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man at the national press club

Secretary Foxx to Congress: Raise Your Sights

In yet another sign that summer is officially over, members of Congress have returned to Washington, D.C. to conduct their fall business.  Greeting them with a clear message was U.S. Department of Transportation (USDOT) Secretary Anthony Foxx.  “I urge [Congress] to look at the needs of their constituents – to focus on results, and not......

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Despite Senate Transportation Action, House Stymies Progress

During the last two months, the Senate made good use of its time to craft a multi-year surface transportation bill with an increase in funding. As is often the way for Congress, it still came down to the wire. For over a week, the U.S. Senate has been in a mad dash to complete its......

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bridge

Five (More) Myths About the Highway Trust Fund

1. Devolving the federal program to the states is a viable option Devolution is the idea of eliminating the federal government’s ability to collect the current 18.4 cents per gallon in federal gasoline taxes (absent a few cents to remain dedicated toward maintaining the Interstate Highway System) and transferring all authority over these programs to......

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tell legislators

#FIXTHETRUSTFUND This Week: Time for Congress’ Next Move

Congress returns to D.C. this week, and we’re watching the Senate (where the most promising legislation was recently passed through the EPW Committee) to see if the Senate Commerce Committee or the Senate Banking Committee will start to mark-up their portions of the highway and transit bill. However to truly move forward, Senate leadership and the......

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drive act: developing a reliable and innovative vision for the economy

Senate Committee Passes Surface Transportation Bill

Today, the U.S. Senate Environment and Public Works Committee (EPW) unanimously approved a six-year, $278 billion federal highway portion of the surface transportation authorization bill, the Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act. The DRIVE Act was unveiled earlier this week by EPW Committee leaders Chairman James Inhofe (R-OK), Ranking Member......

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bridge

#FixTheTrustFund This Week: Keeping the U.S. from Driving into Potholes

The Highway Trust Fund (HTF) was set up in 1956 to fund the build and maintain a transportation network nationwide. Today, it is the national bank account for roads, bridges and transit that reimburses states for eligible projects. Inaction by Congress has put the Highway Trust Fund in jeopardy, and with a month left before......

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Action to Fix Highway Trust Fund Needed by This Summer

On Monday, the Congressional Budget Office (CBO) released its latest projections on the fiscal health of the federal Highway Trust Fund (HTF).  The HTF is the main source of federal money for road, bridge and transit projects and has been facing fiscal challenges for a number of years.  Last summer, Congress provided a temporary infusion......

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Chime in on Wednesday to Fix the Trust Fund

As Congress continues the debate on the best way to #FixTheTrustFund and modernize America’s roads, bridges, and transit, USDOT Sec. Foxx and Transportation & Infrastructure Chairman Bill Shuster are heading to Twitter for a bipartisan “townhall” to discuss surface transportation. The town hall, a first of its kind, will be Wednesday, Feb. 11 after Sec.......

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