More Articles for transportation funding

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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Interstate tolling gains new enemy in big-business group

Amanda Bayhi - Apr 08, 2014

Interstate tolling gains new enemy in big-business group

There’s no question about the need to find a way to fund repairs to highways and infrastructure across the nation, particularly after an especially harsh winter left potholes and other damage on countless roads. Related: Reason Foundation: Value-added tolling is ‘better ...

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Transportation advocates discuss flaws in House GOP budget

Amanda Bayhi - Apr 03, 2014

Transportation advocates discuss flaws in House GOP budget

The House Budget Committee marked up the recently-introduced House Republican 2015 fiscal year budget Wednesday evening. When the committee’s chairman, Rep. Paul Ryan (R-Wis.), introduced the $1.014 trillion bill on Tuesday, it received criticism from Democrats as well as the ...

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Boxer on Highway Trust Fund: “We are running out of time for action”

Amanda Bayhi - Mar 28, 2014

Boxer on Highway Trust Fund: “We are running out of time for action”

Sen. Barbara Boxer (D-Calif.), chairman of the Senate Environment and Public Works (EPW) Committee, said Thursday that Congress is “running out of time” to stop the Highway Trust Fund (HTF) from going bankrupt, The Hill reports. The HTF, the main source ...

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Marijuana tax could fund transportation improvements in New Jersey

Amanda Bayhi - Mar 27, 2014

Marijuana tax could fund transportation improvements in New Jersey

While Congress searches for a new way to fund transportation projects, one New Jersey senator is offering an interesting solution. Related: New Jersey rejects Tesla’s direct sales model Sen. Nicholas Scutari (D-N.J.) has proposed legalizing recreational marijuana and using taxes collected from ...

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'Nation at a Crossroads’ tool aims to educate about impact of Highway Trust Fund insolvency

Amanda Bayhi - Mar 27, 2014

'Nation at a Crossroads’ tool aims to educate about impact of Highway Trust Fund insolvency

The American Association of State Highway and Transportation Officials (AASHTO) has unveiled a new informational tool that aims to educate the public and elected officials about the potential impact of an insolvent Highway Trust Fund (HTF). The HTF, which funds the ...

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