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
Patch bills advanced in the Senate and the House on Thursday that would keep the Highway Trust Fund solvent through May 2015—good news for state DOTs that will see reduced federal reimbursements on August 1 unless a funding bill is passed soon.
Jul 12, 2014 Politico Morning Transportation
How best to "plug the growing hole" in the Highway Trust Fund which provides the federal revenue for roads and transit: increase the gas tax, new vehicle miles traveled fees, more road tolls, or "corporate tax reform"? All but one is a user fee.
Mar 6, 2014 Politico Morning Transportation
As we've noted numerous times, the Highway Trust Fund will become insolvent around the end of the fiscal year - Sept. 30, just when MAP-21, the transportation authorization bill, expires. We were wrong. The new HTF "ticker" explains the bad news.
Feb 20, 2014 Politico Morning Transportation