Highway Trust Fund

A new analysis form the Pew Charitable Trusts showed a 20 percent reduction in state spending on transportation between 2002 and 2011, compared to a 4 percent drop from the federal government over the same period.
5 days ago   Governing
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
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