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
The House Republican plan to gut Saturday postal delivery to pay for six months of highway spending was dropped on June 18. It appears it was a casualty of Majority Leader Eric Cantor's primary loss in his Virginia congressional district.
Jun 20, 2014 Bloomberg Political Capital
A surprising and unexpected bipartisan plan to increase gas and diesel taxes by 12 cents each emerged June 18 from Sens. Bob Corker (R-Tenn.) and Chris Murphy (D-Conn.). Taxes would increase six cents a gallon annually for two years.
Jun 19, 2014 The Hill
For those who haven't been following the Trust Fund's ticker, it's a bit like the deficit clock except that it runs in the opposite direction, going towards zero or insolvency. The ticker measures the balance in both the highway and transit accounts.
Jun 19, 2014 Fast Lane (DOT blog)
A new transportation funding option proposed by Rep. Peter DeFazio (D-Ore.) would repeal the 18.4-cent gas tax, unchanged since 1993, with a "small" tax levied against oil companies on each barrel of oil used to make gasoline.
Jun 16, 2014 The Oregonian
With federal highway funds likely to be cut off in August unless Congress can reach an agreement on a stopgap solution, some states, e.g., MO, VT, GA, AR have taken matters into their own hands to ensure that vital construction projects continue.
Jun 13, 2014 The Wall Street Journal
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
It's time to fund federal transportation like most other nations do—rely less on highway user fees that dedicate funds to highways and transition to funding roads from the general fund, perhaps in the same amount that they contribute to GDP.
Jun 3, 2014 The New York Times - Opinion
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