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Funding

News August 07, 2014
Transportation Secretary Anthony Foxx addressed the nation yesterday in a virtual town hall meeting.   “While I certainly appreciated the opportunity to make the case for a long-term transportation bill that truly funds our nation's needs and provides states, counties and cities the certainty they...
News August 06, 2014
Lawmakers in Missouri will have to go back to the drawing board to fund transportation improvements such as rebuilding I-70. Voters in the state rejected a proposed sales-tax increase yesterday, the Kansas City Star reported. The new sales tax, in the form of a proposed constitutional amendment,...
News August 01, 2014
The Senate voted last night to replenish the Highway Trust Fund through next spring and then ran for the exits for a recess. The vote on the highway bill was 81 to 13.   “We once had leaders, and you know what those leaders used to do?” Sen. John McCain (R-Ariz.) asked before the final Senate votes...
News July 01, 2014
State departments of transportation may receive a cut in pay during the peak of the summer construction season. At a breakfast sponsored by The Christian Science Monitor, Transportation Secretary Anthony Foxx said road and transit federal reimbursement payments would be reduced the first week of...
News June 18, 2014
The U.S. DOT updated its Highway Trust Fund Ticker yesterday, and the chart shows a deficit around the end of August.   “So far, all of their monthly predictions have been on target, and this month was no different,” Transportation Secretary Anthony Foxx wrote in his blog Fast Lane. “Unfortunately...
News June 10, 2014
Senators Harry Reid (D-Nev.) and Rand Paul (R-Ky.) are recommending a tax holiday that would allow multinational parent corporations to deduct 85% of the money made by their foreign subsidiaries, The New York Times reported. “Repatriation” of that foreign-subsidiary income would bring between $20...
News April 30, 2014
U.S. Transportation Secretary Anthony Foxx has sent a long-term transportation bill to Congress for consideration as the House and Senate face looming deadlines to avoid the economic uncertainty and job loss that would ensue if the Highway Trust Fund runs out of money this summer. The Grow America...
News April 25, 2014
The New Hampshire House of Representatives has passed a bill to raise the state’s gasoline tax by 4.2 cents to pay for transportation projects, according to the Concord Monitor. The bill now goes to the desk of Gov. Maggie Hassan, who said she would sign it.   The gas-tax increase is estimated to...
News April 24, 2014
Data from a new government report shows that if all the structurally deficient bridges in the U.S. were placed end-to-end, it would take 25 hours driving 60 mph to cross them. That’s like driving the 1,500 miles between Boston and Miami. And it’s a problem that’s close to home.   An analysis of the...
News April 11, 2014
U.S. Transportation Secretary Anthony Foxx will travel across the country beginning Monday, April 14 to showcase the importance of transportation investment, at a time when the nation’s transportation bill is set to expire and the Highway Trust Fund is rapidly running out of funds.   The Invest in...
News March 28, 2014
The Reason Foundation has released a new policy brief, “Value-Added Tolling: A Better Deal for America’s Highway Users,” that outlines principles for crafting a set of safeguards that would make “next-generation tolling a true (and pure) highway user fee, not a cash-cow to solve a state’s overall...
News March 27, 2014
More than half of the key transportation improvements identified by TRIP as being critically needed in the Twin Cities area are unfunded, jeopardizing future quality of life gains in the region due to an inadequate transportation system. These transportation projects would support the region’s...
News March 24, 2014
The U.S. DOT has updated its online Highway Trust Fund (HTF) ticker, showing earlier and greater financial strain than previous figures.   With the updated numbers, the highway account of the HTF could potentially fall below $4 billion in late July, weeks before last month's projection of early...
News March 05, 2014
A bill that would raise the gas tax in New Hampshire 4.2 cents in the second half of 2014 passed through the Senate Ways and Means Committee by a vote of 4-1 on Tuesday. If the bill is made into law, it would be the state’s first gas tax hike in two decades.   SB 367, as the bill is known, would...
News March 04, 2014
The number of bidders vying to design, build and operate the Indiana portion of the proposed Illiana Expressway as part of a public-private partnership (P3) was dropped down to four this week by the Indiana Department of Transportation (INDOT). The agency plans to meet with each of the bidders in...
News March 03, 2014
Looking to protect the money in its Special Transportation Fund, the Connecticut Legislature began talks this week on a constitutional amendment that would prohibit use of the funds by agencies other than Connecticut DOT. A three-fourths majority approval in the House and Senate would be required...
News February 12, 2014
The Missouri Highways and Transportation Commission has approved a new long-range transportation plan but cautioned that without additional resources the Missouri Department of Transportation (MoDOT) has very little chance of delivering it. That is because MoDOT revenues—largely tied to state and...
News January 30, 2014
Delaware Gov. Jack Markell is asking legislators and Delawareans to support an increase in the state motor fuels tax as part of a plan to create a reliable revenue stream for the state’s Transportation Trust Fund (TTF), significantly boost spending on transportation projects statewide and put...
News January 22, 2014
Kirk Steudle, director of the Michigan DOT, is accusing his state’s legislators of giving up on passing a long-term transportation funding bill this year, WEMU radio in Ypsilanti, Mich., reported.   Michigan Gov. Rick Snyder says the state’s road network needs a $1 billion increase in funding and...
News January 03, 2014
Total construction spending increased between October and November and for the year amid growing private-sector demand, according to an analysis of new Census Bureau data by the Associated General Contractors of America (AGC). Association officials noted, however, that the spending levels were held...
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