Senate Finance Committee considers a trust fund stopgap, with long-term funding unclear
The Senate Finance Committee Thursday will take up a proposal from Chairman Ron Wyden (D-OR) to keep the Highway Trust Fund solvent through Dec. 31 with a $9 billion transfer from the general budget. The needed revenue would be raised by increasing the allowable tax on heavy trucks and four accounting maneuvers unrelated to transportation.
Support the Senate’s bipartisan plan to raise the gas tax
After months of hearing from mayors and business leaders and citizens and people of all stripes who are worried about the looming bankruptcy of our transportation fund, a key Senate committee is taking up a temporary fix to the trust fund. But Congress still must find a long-term solution to save our nation’s transportation fund. Two Senators have offered that solution, and it’s time to support that plan.
Favorable responses and coverage for the bipartisan Senate plan to raise the gas tax
As soon as Senators Murphy and Corker introduced their bipartisan plan yesterday to raise the gas tax by 12 cents, supportive statements starting flowing in and media outlets quickly picked up the news.
Senators unveil bipartisan plan to rescue the federal transportation program by raising the gas tax
Senators Chris Murphy (D-CT) and Bob Corker (R-TN) today announced their bipartisan plan to raise the nation’s gas tax by 12 cents over two years to rescue the nation’s Highway Trust Fund, which is headed for insolvency before the end of the summer.
T4America statement in support of Senate proposal to rescue the federal transportation program with a 12-cent gas tax increase
T4America statement in support of Senate proposal to rescue the federal transportation program with a 12-cent gas tax increase
Governing Mag on the compelling case for more local access to transportation dollars
As the impending insolvency of the Highway Trust Fund looms over the nation’s transportation projects, more and more local leaders are asking for the chance to be heard when it comes to doling out federal transportation money.
A closer look at Rep. DeFazio’s bid to replace the gas tax with an oil fee
With the Highway Trust Fund rushing toward insolvency, Rep. Peter DeFazio (D-OR) this week stepped up by proposing a policy to address this issue by replacing the gasoline pump tax with a per-barrel oil fee and indexation of the diesel tax that together is sufficient to keep the federal program solvent.
Transportation funding: summer’s biggest blockbuster
Suddenly, transportation funding is the topic de jour.
Senate committee passes transportation appropriations bill; negotiations with House on the horizon
The annual transportation (and housing) appropriations bill adopted Thursday by Senate appropriators contains some good news for transportation. But as in years past, it provides more money than the House’s version, setting the stage for contentious negotiations that could erase gains for key programs — especially competitive grants and new transit construction. Senate appropriators also noted that if the trust fund goes bankrupt, as it is projected to do as soon as next month, there won’t be any money to appropriate.
It’s past time to elevate the national conversation about infrastructure beyond just the price tag. Learn more about T4America's three simple principles for federal transportation investment.
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