Congressional Budget Office Shows Concern for HTF
September 04, 2012
The Congressional Budget Office (CBO) predicts both accounts of the Highway Trust Fund will go broke sometime in FY 2015 unless Congress acts to shore up the fund that pays for surface transportation projects. According to a CBO chart obtained, the highway account will end FY 2012 with $8.7 billion and the transit account with......
House and Senate Pass Transportation Bill
July 02, 2012
UPDATE: The House of Representatives passed the transportation conference report by a vote of 373-52 Friday afternoon. The Senate passed the bill 74-19. The House and Senate worked vigorously all week to come to a compromise surface transportation conference report on Wednesday night. The announcement of a deal came over 1,000 days after the last......
SURFACE TRANSPORTATION BILL STILL UNCERTAIN
June 01, 2012
The House this week was initially faced with a vote on a motion to instruct conferees to cut transportation funding levels, only to have that motion withdrawn late Thursday afternoon on a technical issue. The motion from Representative Paul Broun (R-GA) would have tied Highway Trust Fund expenditures to estimated gas tax revenues, essentially cutting......
Transportation Conference Committee Kicks Off Talks
May 09, 2012
The surface transportation conference committee commenced its first meeting yesterday, with Senate and House conferees taking the opportunity to give opening remarks on what is anticipated to be one of the final hurdles in passing a transportation bill. Senator Barbara Boxer (D-CA), author of MAP-21 (S. 1813) and chair of the conference committee, began the meeting......
Congressional Recess Is Here, But A Surface Transportation Compromise Is Not Near
April 03, 2012
Congress went home last Friday for a two week recess after punting action on surface transportation another 90 days. Surface transportation programs have been running on a series of extensions for 916 days already, and this 9th extension will continue to add up the count until June 30th. Many in the transportation industry have grown......