May 22, 2015, 10am PDT
The House voted 387-35 on Tuesday to extend transportation funding for two months—using the remaining funds in the Highway Trust Fund.
Politico Morning Transportation
April 30, 2015, 10am PDT
The "Bridge to Sustainable Infrastructure Act" does not appear sustainable to Rep. Kevin McCarthy (R-Calif.), citing gas prices of $3.20 per gallon in his district in Bakersfield. A year ago, the average price in California was $4.26.
April 6, 2015, 6am PDT
Congress just got one or two months of extra breathing room to keep the Highway Trust Fund solvent. Heretofore the patch bill was said to exhaust its funding on May 31, but the new word from Transportation Secretary Foxx is that it will be later.
March 1, 2015, 5am PST
Peak VMT reportedly occurred in 2007, but that may not stand long according to updated DOT estimates of 2013 travel. According to the data, Americans drove nearly three trillion miles. Another finding is the large increase in number of vehicles.
U.S. DOT: Office of Public Affairs
February 2, 2015, 5am PST
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?
December 10, 2014, 8am PST
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?
June 6, 2014, 5am PDT
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.
The Washington Post - Opinions
May 15, 2014, 5am PDT
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 11, 2014, 5am PDT
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.
The Wall Street Journal - Politics and Policy
May 1, 2014, 6am PDT
Although its unclear just how much influence the Department of Transportation's surface transportation authorization bill, called GROW AMERICA, will have (if any at all), the bill makes apparent a sea change with regard to tolling of the interstates.
April 30, 2014, 5am PDT
Calling the new transportation budget the GROW AMERICA Act, the Obama Administration's proposed transportation budget arrives as time is running out on MAP-21 and the Highway Trust Fund.