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
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
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
The bill to reauthorize the current surface transportation law, "Moving Ahead for Progress in the 21st Century", a.k.a. MAP-21, was released on Monday and will be "marked up" on Thursday. Spending is kept at current levels of $50 billion a year.
May 13, 2014 Bloomberg News
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
It took a few years, but funding changes as a result of MAP-21, the 2012 federal transportation bill, have started to impact funding for Metro “Call for Projects” grants in Los Angeles County.
Mar 7, 2014 LA.Streetsblog
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