Posts Tagged "highway trust fund"
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.
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.
In Senate hearing, local officials stand up for greater access to federal funds
Now that the Environment and Public Works Committee has passed the highway title of the Senate’s next transportation bill, attention shifts to three other committees writing remaining portions of the bill. Last week the Commerce Committee held a hearing on “local perspectives on moving America”, including testimony from T4America’s John Robert Smith, the former mayor of Meridian, MS.
Part three: Crucial transportation projects could be halted if Congress fails to rescue transportation funding
Congressional inaction on saving the nation’s transportation fund would have tangible impacts on projects planned for next year and beyond, forcing many long-awaited projects to halt indefinitely as soon as this summer. Illinois’ six-year plan for transportation improvements could be threatened, and one long-awaited enormous project on the border with Iowa could be a casualty.
States already scaling back planned work for next year in anticipation of funding crisis
Congressional inaction on saving the nation’s transportation fund would have tangible impacts on projects planned for next year and beyond, forcing many long-awaited projects to halt indefinitely as soon as this summer. Numerous states are already beginning to make plans for a year where no federal money is available for new projects by scaling back plans and tentatively canceling projects.
Which highly anticipated transportation projects in your community would go back on the shelf next year?
Which highly anticipated transportation projects in your community would go back on the shelf next year? Will it be a bridge replacement years in the making? New buses to meet growing ridership? A multi-use trail along a key highway that bike commuters are hoping to use? Improvements to make your Main Street safer and more pleasant for people who shop and work there?
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.
Read our new principles