More Articles for Highway Trust Fund

Bursting bubble of big tobacco financing gives glimpse of road building’s future without a gas tax increase

Tom Jackson - Aug 13, 2014

Bursting bubble of big tobacco financing gives glimpse of road building’s future without a gas tax increase

Last week I wrote about how states that engage in public-private partnerships (P3s) and other types of debt and bond financing would create short term gains and long term disaster for the road building industry. This weekend I read an article on ...

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Congress passes Highway Trust Fund patch; Obama signs

Brian Ethridge - Aug 12, 2014

Congress passes Highway Trust Fund patch; Obama signs

Just hours after the House turned down the Senate's highway funding bill, Congress has passed a $10.8 billion bill to fund the Highway Trust Fund. Without the temporary patch, the HTF would have run dry in the next month or ...

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21 states receiving millions to repair storm-damaged roads

Brian Ethridge - Aug 11, 2014

21 states receiving millions to repair storm-damaged roads

The Department of Transportation announced $334 million in emergency funds will be used to help 21 states repair roads and bridges damaged by storms and floods. Colorado will be getting $130 million, which is by far the more than any other ...

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Missouri voters speak: Sales tax not the place for raising highway monies

Todd Dills - Aug 11, 2014

Missouri voters speak: Sales tax not the place for raising highway monies

Missouri voters in Tuesday’s (8/5) primary elections, as I wrote last week, were presented with a ballot measure that would have raised the state retail sales tax a fraction of a cent to help fund transportation projects — it would also, as ...

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Toll roads, P3s and creative financing will bring short-term gain, long-term disaster for the road building industry

Tom Jackson - Aug 08, 2014

Toll roads, P3s and creative financing will bring short-term gain, long-term disaster for the road building industry

For the last half-century gas and diesel taxes collected at the pump have been the primary source of funding for almost all our highway infrastructure. But Congress hasn’t  increased the gas tax or adjusted it for inflation since 1992. Anti-tax advocates ...

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House votes down Senate’s highway bill, sets up must-act situation for Senate

Brian Ethridge - Jul 31, 2014

House votes down Senate’s highway bill, sets up must-act situation for Senate

The Senate now must choose Friday whether to accept the House’s 10-month highway funding patch or allow the Highway Trust Fund to go bankrupt, which would be construction projects around the country at risk, along with an estimated 700,000 jobs. The ...

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Martin Marietta reports huge 2nd quarter profits

Brian Ethridge - Jul 31, 2014

Martin Marietta reports huge 2nd quarter profits

Martin Marietta Materials has reported strong second quarter earnings of $1.34 per share compared to 89 cents per share in the second quarter of 2013. Revenue for the company totaled $669.2 million, up from $561.3 million during the same period last ...

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Senate passes highway bill, vote sent back to house

Brian Ethridge - Jul 30, 2014

Senate passes highway bill, vote sent back to house

The Senate has voted to pass a bill that would keep money flowing into the Highway Trust Fund for at least a few more months. The bill was in response to one that the House passed earlier in July. There were ...

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President Obama to urge for private investments

Brian Ethridge - Jul 21, 2014

President Obama to urge for private investments

If a multiyear solution to the Highway Trust Fund is unable to be reached, President Barack Obama will look into private investors to help fix roads and bridges around the country. That would likely mean more tolls for drivers as ...

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House approves $11 billion trust fund patch

Brian Ethridge - Jul 15, 2014

House approves $11 billion trust fund patch

The House has passed a $11 billion plan to pay the federal government’s share of road and bridge repairs for the next 10 months. With time –and money – running out, the House recognizes that immediate action is needed. It voted ...

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Death rates may speed up highway funding

Brian Ethridge - Jul 11, 2014

Death rates may speed up highway funding

If Congress thinks it can take its time creating a new highway funding plan, it may be forced to think again. A recent report shows America’s rural roads have significant deficiencies and high fatality rates. The report indicates deaths on ...

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10 States in dire need of Highway Trust Fund

Brian Ethridge - Jul 11, 2014

10 States in dire need of Highway Trust Fund

The end of the federal Highway Trust Fund appeared imminent until recently and transportation officials from throughout the United States were panicking. Congress hadn’t been close on a new funding plan until Thursday afternoon when the House Ways and Means ...

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