Ryan Budget Calls Highway Trust Fund a ‘Priority’; Would Allow States to Fund Highway Projects
Transfers to the federal Highway Trust Fund from the general fund would have to be offset by savings in accounts elsewhere in the budget, under a proposal offered by House Budget Chairman Paul Ryan (R-Wis.).
Failure to Fix Highway Fund Hurts Economy, Execs Warn
Business, labor and state transportation officials pleaded last week with Congress to find both immediate and long-term fixes for the Highway Trust Fund, which is expected to be insolvent by late summer.
February 17, 2014CBO: Highway Fund to be Bankrupt Oct. 1
The Congressional Budget Office said its projections show that the Highway Trust Fund will have insufficient funds to meet its obligations starting in fiscal year 2015, the first day of which is Oct. 1.
House Panel Considers Freight Infrastructure Funding
Members of a House subcommittee heard testimony on funding freight transportation networks, including the experience of state transportation departments in Maryland and Virginia.
Editorial: Two More Funding Reminders
For countless years, we have written about the United States’ dire need of a long-term transportation funding source.
September 30, 2013Lacking Proper Funding for Maintenance, States Turn Some Paved Roads to Gravel
In another sign of the drastic actions many states are taking to deal with shortages in road funding, Texas has begun turning 83 miles of paved roads to gravel.
September 9, 2013CBO Offers Grim View of Highway Fund
WASHINGTON — The Congressional Budget Office last week presented a grim picture of an insolvent Highway Trust Fund to the House committee that oversees highway policy, but there was little discussion of possible solutions.
July 29, 2013CBO Warns House Panel on Highway Trust Fund
WASHINGTON — A congressional subcommittee received a grim picture Tuesday of what lies ahead for the Highway Trust Fund if Congress and the White House do not find a way to pay for transportation before the fund is declared insolvent in 2015.
Pa. Funding Plan Would Raise $2.5 Billion for Transportation
A transportation funding proposal unveiled by Pennsylvania lawmakers last week would raise $2.5 billion by changing how the state collects transportation money, including eliminating the cap on the state’s wholesale fuel tax.
State Officials Rethinking Funding Decisions as Highway Law Requires Risk-Based Plans
WASHINGTON — Employees from nearly every state’s department of transportation came together with federal officials here to set a course for future transportation funding decisions.
January 28, 2013