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House panel proposes $10.5 billion stopgap for transportation; Sens. Boxer, Carper oppose plan

Amanda Bayhi - Jul 09, 2014

House panel proposes $10.5 billion stopgap for transportation; Sens. Boxer, Carper oppose plan

The House Ways and Means Committee has proposed a stopgap to fund transportation projects for eight months, but Sens. Barbara Boxer (D-Calif.) and Tom Carper (D-Del.) are opposing the plan. According to a report from The Hill, the Ways and Means ...

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Missouri could get $4.8 billion in transportation projects

Amanda Bayhi - Jul 09, 2014

Missouri could get $4.8 billion in transportation projects

The Missouri Highways and Transportation Commission on Wednesday approved $4.8 billion in transportation projects that could would go into effect if state voters approve a transportation-focused ballot measure at the polls next month, the Missouri Department of Transportation (MoDOT) announced ...

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White House, transportation leaders push Congress to find highway funding solution

Amanda Bayhi - Jul 08, 2014

White House, transportation leaders push Congress to find highway funding solution

The White House, Transportation Secretary Anthony Foxx and several industry associations are urging Congress to find a highway funding solution before the primary source of money, the Highway Trust Fund (HTF), becomes insolvent. The U.S. Department of Transportation (DOT) projects that ...

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Why Alaska DOT isn't sweating U.S. DOT's upcoming reimbursement plan

Amanda Bayhi - Jul 07, 2014

Why Alaska DOT isn't sweating U.S. DOT's upcoming reimbursement plan

Many state transportation agencies are likely getting nervous about a new reimbursement plan from the U.S. Department of Transportation, set to begin in less than a month. But the Alaska Department of Transportation and Public Facilities (AKDOT&PF) isn’t worried, Juneau ...

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LaHood pushes for 10-cent gas tax hike during St. Louis visit

Amanda Bayhi - Jul 02, 2014

LaHood pushes for 10-cent gas tax hike during St. Louis visit

During a trip to St. Louis, Mo., on Tuesday, former Transportation Secretary Ray LaHood pushed for a 10-cent-per-gallon gas tax increase, St. Louis Public Radio reports. LaHood is visiting the city to promote infrastructure investment and bring awareness to the state ...

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Obama pushes for transportation funding during Key Bridge visit

Amanda Bayhi - Jul 01, 2014

Obama pushes for transportation funding during Key Bridge visit

During his visit to the Key Bridge in Washington, D.C., on Tuesday, President Barack Obama urged Congress to quickly pass a highway bill to prevent Highway Trust Fund (HTF) insolvency, The Hill reports. The HTF is a major source of funding ...

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DOT to reimburse states as gas tax money rolls in

Amanda Bayhi - Jul 01, 2014

DOT to reimburse states as gas tax money rolls in

The projected insolvency of the Highway Trust Fund is inching closer (it’s expected to run out of money next month), and the U.S. Department of Transportation is has been trying to prepare state DOTs. In its latest preparation effort, the U.S. ...

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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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TRIP: Oklahoma significantly improves infrastructure, but HTF insolvency ‘threatens further progress’

Amanda Bayhi - Jun 26, 2014

TRIP: Oklahoma significantly improves infrastructure, but HTF insolvency ‘threatens further progress’

Oklahoma has significantly improved its roads, bridges and highway safety since 2005, but “uncertainty about future federal funding threatens further progress,” according to a report released Thursday by national transportation research group TRIP. The report, “Modernizing Oklahoma's Transportation System: Progress and ...

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Fitch: Gas tax hike should be paired with other revenue sources to fund transportation

Amanda Bayhi - Jun 24, 2014

Fitch: Gas tax hike should be paired with other revenue sources to fund transportation

Fitch Ratings released a statement on Tuesday noting that a gas tax increase needs to be paired with another revenue source to provide the necessary funding for transportation projects. Fitch pointed to the recently-proposed 12-cent-per-gallon gas tax hike as a “positive ...

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VIDEO: What lawmakers are saying about highway funding

Amanda Bayhi - Jun 23, 2014

VIDEO: What lawmakers are saying about highway funding

On Friday, Transportation Secretary Anthony Foxx reminded state departments of transportation that the Highway Trust Fund’s “situation remains dire.” He noted in a letter to state DOT directors that the HTF is projected to run out of money at the end ...

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