We look at what happened in the Senate on Tuesday when the six-year DRIVE Act, relying on a variety of non-user fee revenue mechanisms to finance the Highway Trust Fund shortfall for three years, failed a procedural vote, and where it goes next.
Jul 23, 2015 The Washington Post
The Senate's DRIVE Act is shaping up to be the first six-year transportation reauthorization bill since 2009. Notwithstanding the acronym, it's not all that bad, writes Tanya Snyder of Streetsblog USA. Finding funding for it is another story.
Jun 25, 2015 National Journal
Sen. Mike Lee (R-Utah) has reintroduced a bill to cut the federal gas tax by 80 percent and give transportation authority to states, known as devolution. Also, House Transportation Chair Bill Shuster is promoting repatriation as a funding source.
Jun 16, 2015 The Hill
A few days before President Obama announced his 14 percent offshore corporate profits tax, Sens. Rand Paul and Barbara Boxer teamed-up to announce they would be offering a repatriation tax, somewhat similar to Obama's tax. Both fund infrastructure.
Feb 3, 2015 The Bond Buyer
President Barack Obama is expected to propose a one-time, 14-percent tax on overseas profits from companies, resulting in a contribution of $238 billion toward a total $478 billion, six-year Highway Trust Fund package. But will Republicans agree?
Feb 2, 2015 The Hill
Virginia's new 3.5% wholesales sales tax on motor vehicle fuels is set to increase to 5.1% on Jan.1, not because Congress failed to raise the two-decades-old federal gas tax but for something entirely unrelated to transportation: online sales taxes.
Dec 1, 2014 The Washington Post
A surprise, groundbreaking agreement between China and the United States was unveiled in Beijing at the end of the APEC conference, providing hope that the world can reduce the threat from climate change.
Nov 12, 2014 NPR
Rep. Bill Shuster, chairman of the House Transportation and Infrastructure Committee, is the second powerful congressman to state that a fully funded, five to six year reauthorization bill can be done, acknowledging that funding challenges lie ahead.
Oct 13, 2014 AASHTO Journal
The Senate will hear four amendments to the House bill, passed July 15, in the last week of July. Sens. Boxer, Carper, and Corker want the funding extension to terminate on December 19 rather than May 31. On August 1, DOT reduces payments to states.
Jul 27, 2014 The Wall Street Journal
By a vote of 367-55, the House passed Rep. Dave Camp's "pension smoothing" bill to provide ten months of funding for the deficit-plagued Highway Trust Fund through May. A long-term (five- or six-year) funding plan will be attempted then.
Jul 16, 2014 Politico Morning Transportation