More Articles for CBO

CBO: $6.6 billion needed in highway account to prevent HTF shortfall through December

Amanda Bayhi - Jun 30, 2014

CBO: $6.6 billion needed in highway account to prevent HTF shortfall through December

About $6.6 billion in revenues would be needed for the highway account to meet obligations through Dec. 31, 2014, Congressional Budget Office (CBO) Director Douglas Elmendorf stated Friday. In a follow-up letter to Sen. Ron Wyden (D-Ore.), Elmendorf also noted that ...

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Senate panel delays vote on highway bill patch

Amanda Bayhi - Jun 26, 2014

Senate panel delays vote on highway bill patch

The Senate Finance Committee has delayed its vote on a proposed short-term patch that would provide funding for transportation infrastructure projects through Dec. 31, The Hill reports. During a markup of the Preserving America’s Transit and Highways (PATH) Act Chairman Ron ...

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HTF 101: How the Highway Trust Fund works

Amanda Bayhi - Jun 12, 2014

HTF 101: How the Highway Trust Fund works

The Highway Trust Fund (HTF) is a major talking point in the highway construction industry right now, especially because the major funding source is likely to run out of money in less than three months. HTF insolvency would mean projects ...

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CBO: Highway Trust Fund would shortfall under Obama's proposed budget

Amanda Bayhi - Apr 21, 2014

CBO: Highway Trust Fund would shortfall under 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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Closer to E than F and heading for B

John Latta - Aug 01, 2013

Closer to E than F and heading for B

Let’s say you are rolling down the highway and watching the gas gauge on your dashboard as you go. You see it steadily going down. You are aware that it is heading to E. You roll on. It gets inevitably ...

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House subcommittee to discuss Highway Trust Fund this week

Amanda Bayhi - Jul 22, 2013

House subcommittee to discuss Highway Trust Fund this week

The House Highways and Transit Subcommittee will hold a hearing Tuesday on the current financial status of the Highway Trust Fund (HTF) and its impact on federal surface transportation programs. The hearing, titled “How the Financial Status of the Highway Trust ...

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RoadWorks

Better Roads Staff - Aug 05, 2012

RoadWorks

Inside the highway and bridge industries     The ups/downs of an infrastructure bank   Would an infrastrsucture bank work? Would it be a major factor in funding vital future work and development? The Congressional Budget Office (CBO) has released a report looking into its possibilities. A ...

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Running out of gas money

John Latta - Feb 01, 2012

A new Congressional Budget Office report says that the Highway Trust Fund may be empty by fiscal year 2014. According to The Hill's transportation blog the CBO report projects the highway trust to have $12 billion at the end of ...

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