More Articles for HTF

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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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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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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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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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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