More Articles for transportation funding

DOT continues to project Highway Trust Fund shortfall in August

Amanda Bayhi - May 14, 2014

DOT continues to project Highway Trust Fund shortfall in August

The U.S. Department of Transportation maintains its projection that the Highway Trust Fund will shortfall in August, according to the latest update of the agency’s Highway Trust Fund Ticker. Transportation Secretary Anthony Foxx introduced the Ticker in January. It is designed ...

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Infrastructure jobs can boost U.S. employment; highway funding push continues

Amanda Bayhi - May 09, 2014

Infrastructure jobs can boost U.S. employment; highway funding push continues

Buzz about infrastructure investment continues today as a number of reports and statements are released. The Brookings Institution released a report today on infrastructure employment, and earlier this week AAA pushed for a gas tax hike, 50 Chambers of Commerce urged ...

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House Appropriations panel approves THUD bill; DOT Chief Foxx reiterates repercussions of Highway Trust Fund insolvency

Amanda Bayhi - May 08, 2014

House Appropriations panel approves THUD bill; DOT Chief Foxx reiterates repercussions of Highway Trust Fund insolvency

A panel in House Appropriations Committee approved the committee’s transportation and housing bill on Wednesday, while Transportation Secretary Foxx discussed problems the U.S. will face if a new highway bill is not passed. The transportation and housing bill, which makes appropriations ...

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Missouri's new sales tax hike expected to generate $534 million each year for transportation

Amanda Bayhi - Apr 30, 2014

Missouri's new sales tax hike expected to generate $534 million each year for transportation

The Missouri Senate on Tuesday passed a less than 1-cent sales tax increase aimed at improving transportation in the state, The Kansas City Star reports. If approved by legislature, the 3/4-cent sales tax hike would generate $534 million each year for ...

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New Jersey DOT announces $3.7 billion plan for transportation improvements in 2015

Amanda Bayhi - Apr 29, 2014

New Jersey DOT announces $3.7 billion plan for transportation improvements in 2015

The New Jersey Department of Transportation (NJDOT) this week announced a proposed capital program for fiscal year 2015 that includes $3.7 billion in transportation improvements. The budget supports $2.5 billion in investments in NJDOT and $1.2 billion in improvements for NJ ...

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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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VIDEO: DOT Chief Foxx reiterates urgency to fix Highway Trust Fund during Alabama visit

James Jaillet - Apr 17, 2014

VIDEO: DOT Chief Foxx reiterates urgency to fix Highway Trust Fund during Alabama visit

Secretary of Transportation Anthony Foxx says a short-term solution won’t do this go-around for transportation funding, and he’s on the road this week pushing the Obama administration’s four-year $302 billion plan and making localities and citizens aware of the Highway ...

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Illinois governor unveils 6-year, $8.6 billion transportation investment plan

Amanda Bayhi - Apr 14, 2014

Illinois governor unveils 6-year, $8.6 billion transportation investment plan

Illinois Governor Pat Quinn on Wednesday unveiled a six-year $8.6 billion construction program that aims to improve highways, infrastructure and public transportation throughout the state. “A booming economy requires a 21st century infrastructure,” Quinn said. “Our infrastructure plan will create thousands ...

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Foxx: Insolvent transportation system could cost 700k jobs

Amanda Bayhi - Apr 14, 2014

Foxx: Insolvent transportation system could cost 700k jobs

Transportation Secretary Anthony Foxx said Thursday that if lawmakers don’t fix the nation’s transportation system that is “teetering on the edge of insolvency,” 700,000 people could lose their jobs, The Christian Post reports. Foxx’s warning came during the national convention of ...

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5 Options for Avoiding Highway Trust Fund Insolvency

Amanda Bayhi - Apr 11, 2014

5 Options for Avoiding Highway Trust Fund Insolvency

The current surface transportation bill, MAP-21, is set to expire in September, and lawmakers are scrambling to reauthorize funding before that deadline. However, a larger problem is expected to arise up to two months before MAP-21’s expiration: the Highway Trust Fund ...

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Boxer outlines Senate priorities for long-term surface transportation bill

Amanda Bayhi - Apr 10, 2014

Boxer outlines Senate priorities for long-term surface transportation bill

Sen. Barbara Boxer said Thursday that she and three other top transportation senators have “reached an agreement in principle on a transportation bill.” During a press conference, Boxer, who is chairman of the Senate Environment and Public Works Committee, -- along ...

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Sen. Murray warns Highway Trust Fund insolvency 'threat is growing'

Amanda Bayhi - Apr 09, 2014

Sen. Murray warns Highway Trust Fund insolvency 'threat is growing'

Transportation projects’ main source of funding, the Highway Trust Fund (HTF), is heading toward bankruptcy in the next few months, and one Senator is presenting a wake-up call to to other lawmakers. Sen. Patty Murray (D-Wash.), the Senate Democrats’ top budget ...

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