Three days before Congress goes on recess and with the Highway Trust Fund approaching insolvency, the Senate passed a transportation bill notably different than the House version passed July 15, setting up a showdown between the two branches.
Jul 30, 2014 POLITICO Pro.
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
A $10.7 billion funding plan to continue federal transportation spending at the current rate through May 2015 has been offered by Republicans in the House Ways and Means Committee. The General Funds transfer would be offset by "pension smoothing."
Jul 10, 2014 Bloomberg News
After it's first hearing, the PATH Act is not looking very promising to keep federal transportation reimbursements flowing to state DOTs late next month when the Highway Trust Fund is expected to approach insolvency. The one user fee was dropped.
Jun 27, 2014 Transport Topics Online
A $9 billion patch bill was drafted by Sen. Finance Comm. Chair Ron Wyden to continue transportation spending to Dec. 31. Most of the funds come from a change in how Individual Retirement Accounts are administered and a heavy truck use tax increase.
Jun 26, 2014 Roll Call
A proposal in President Obama's fiscal year 2014 budget would reduce the deficit and place a government-owned utility in private hands - ostensibly Republican goals - but it is being opposed by Tennessee's senior Republican Senator, Lamar Alexander.
Apr 18, 2013 The Wall Street Journal