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
Though federal highway funding is set to terminate on July 31, the House has proposed an $8.1 billion, five-month extension instead of a six-year reauthorization bill.
Jul 16, 2015 Bloomberg Business
When Congress returns from the July 4 recess, they will have less than four weeks to pass and fund a transportation bill—be it for six years, as desired by transportation advocates, or less, as Senate Finance Committee Chair Orrin Hatch prefers.
Jun 30, 2015 The Hill
Yes, vehicles have become more fuel efficient, but a just-released report by the Institute on Taxation and Economic Policy shows that inflation is 3.5 times more responsible for the decline in the purchasing power of the gas tax.
Jun 25, 2015 Institute on Taxation and Economic Policy
Vermont's Transportation Secretary points to increased fuel efficiency as reason to look for an alternative revenue option, favoring Oregon's Road Usage Charge. Meanwhile, U.S. DOT reactivated its "ticker" to warn of funding cutoff after July 31.
Jun 23, 2015 VPR
Transportation for America recaps the first meeting in three years by the House Ways and Means Committee to address transportation funding. Chairman Paul Ryan decried the $63 billion bailout of the Highway Trust Fund but ruled out a gas tax hike.
Jun 21, 2015 T4America Blog
In his first substantive statements regarding his ticket's failings during the recent Presidential election, GOP leader Paul Ryan "is looking to the nation’s big cities" as the cause.
Nov 14, 2012 The New York Times