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
Oil prices are at a five-year low with gasoline prices averaging $2.67 a gallon, lowest since February 2010. Furthermore, they are expected to drop another 17 cents to $2.50 a gallon in time for Christmas, so why not raise the gas tax by a nickel?
Dec 10, 2014 The Atlantic
On a Sunday talk show, Speaker John Boehner called a long-term highway bill "in the realm of doable," though he didn't give a time frame other than "in the last two years" of President Obama's term. The current short term funding expires May 31.
Sep 30, 2014 The Hill
U.S. Treasury Secretary Anthony Foxx warned State DOT officials in a July 1 letter that due to declining funds in the highway account of the Highway Trust Fund, he will implement a new reimbursement policy that may cause some states to halt projects.
Jul 3, 2014 The Huffington Post
The Washington Post editorializes against the use of general funds to fill the Highway Trust Fund shortfall ($18 billion annually), whether they be dedicated funds or offsets, and evaluates proposals from President Barack Obama and House Republicans.
Jun 6, 2014 The Washington Post - Opinions
This could have been our Friday Funny—but it's for real. House Republicans have suggested that reforming the United States Postal Service, such as ending Saturday delivery and other cost cutting could be used to shore-up the Highway Trust Fund
Jun 1, 2014 Bloomberg News
Plenty, according to Tanya Snyder, Streetsblog USA editor, who finds Obama's Grow America plan far superior. Outside of not including a gas tax to fill the Trust Fund gap, she finds the proposal "underfunded and highway centric." She is not alone.
May 15, 2014 Streetsblog USA
Last Thursday, House and Senate leaders announced agreement on an $8.2 billion waterways infrastructure bill, and if they have their way, it won't be their last major agreement. On Monday, a successor highway bill (to MAP-21) will be released.
May 13, 2014 The Hill
If Congress can't agree how to fund the Highway Trust Fund shortfall, Transportation Secretary Anthony Foxx warned state DOTs that he will be unable to reimburse them for funds already spent. The redline is the $4 billion mark projected to come July.
May 11, 2014 The Wall Street Journal - Politics and Policy
A recent article by Yonah Freemark details the policy agenda of Transportation Secretary Anthony Foxx, the former mayor of Charlotte and successor of well-regarded Transportation Secretary Ray La Hood.
Apr 26, 2014 Metropolitan Planning Council - The Connector