Highway Trust Fund

A few days before President Obama announced his 14 percent offshore corporate profits tax, Sens. Rand Paul and Barbara Boxer teamed-up to announce they would be offering a repatriation tax, somewhat similar to Obama's tax. Both fund infrastructure.

February 3, 2015 - The Bond Buyer

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?

February 2, 2015 - The Hill

As May 31 approaches—the date when the current patch bill that supplements insufficient gas tax revenues to the Highway Trust Fund expires, The Wall Street Journal, a favorite among many conservative political leaders, sends an unhelpful message.

January 21, 2015 - The Wall Street Journal

Charles Krauthammer offers his own brand of gas tax hike that differs from others mentioned recently. One, it's much bigger. Two, revenues won't be used for transportation. It would be revenue neutral; all funds would be returned to taxpayers.

January 17, 2015 - The Washington Post

The non-partisan Eno Center for Transportation has had it with futile attempts to raise the federal gas tax and the never-ending transfers (bailouts?) from the federal general fund to keep roads and transit funded. "Pay as you go" no longer works.

December 20, 2014 - Logistics Management

While there may never be a good time to increase the federal gas tax, the same is not true when it comes to state gas taxes—perhaps because governors can't transfer billions of dollars from general funds to pay for roads. Lower gas prices helps.

December 12, 2014 - NPR

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?

December 10, 2014 - The Atlantic

The good news is that a House Republican now supports raising the gas tax to balance the ailing Highway Trust Fund. The bad news is that come Jan. 3, Rep. Tom Petri (R-Wis.), a 36-year member, will be a former congressman—he is retiring on Dec. 26

December 8, 2014 - The Huffington Post

Steve Kroft of 60 Minutes reviews road, rail, bridges, and ports to see how much investment is needed to improve the country's infrastructure, beginning in Pittsburgh and ending at a key Amtrak rail bridge in New Jersey.

November 25, 2014 - CBS News: 60 Minutes

In a poll conducted by ABC News and the Washington Post, Americans were found to prefer allocating transportation funding towards transit expansion rather than road widening.

October 26, 2014 - Streetsblog USA

Rep. Bill Shuster, chairman of the House Transportation and Infrastructure Committee, is the second powerful congressman to state that a fully funded, five to six year reauthorization bill can be done, acknowledging that funding challenges lie ahead.

October 13, 2014 - AASHTO Journal

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.

September 26, 2014 - Governing

Scott Beyer provides four reasons why federal money is the wrong policy mechanism for delivering the best possible transportation outcomes in the United States.

August 29, 2014 - Next City

Preventing gas tax and vehicle registration fee revenues from being used for non-transportation purposes is seen as key to increasing transportation revenue, be it through raising gas taxes or approving new revenue options, in Maryland and Wisconsin.

August 9, 2014 - Transport Topics

Brookings illuminates which states rely heaviest on infrastructure for employment as local policymakers are struggling with reliable federal funding throughout the peak of construction season.

August 8, 2014 - Brookings Institute

After the House rejected the Senate's amendments to their Highway Trust Fund extension bill, the Senate passed the bill 81-13 on July 31. Payments to states will continue unchanged through May 2015 when the next hurdle awaits

August 1, 2014 - The Hill

Three days before Congress goes on recess and with the Highway Trust Fund approaching insolvency, the Senate passed a transportation bill notably different than the House version passed July 15, setting up a showdown between the two branches.

July 30, 2014 - POLITICO Pro.

The Senate will hear four amendments to the House bill, passed July 15, in the last week of July. Sens. Boxer, Carper, and Corker want the funding extension to terminate on December 19 rather than May 31. On August 1, DOT reduces payments to states.

July 27, 2014 - The Wall Street Journal

In a segment The Daily Show calls "Shabby Road" (complete with photoshopped image of President Obama, Rep. John Boehner, Sen. Harry Reid, and Vice President Biden as the Beatles), Jon Stewart takes down Congress' inaction on the Highway Trust Fund.

July 18, 2014 - The Daily Show

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.

July 16, 2014 - Politico Morning Transportation