highway trust fund

drive act: developing a reliable and innovative vision for the economy

Senate Committee Passes Surface Transportation Bill

Today, the U.S. Senate Environment and Public Works Committee (EPW) unanimously approved a six-year, $278 billion federal highway portion of the surface transportation authorization bill, the Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act. The DRIVE Act was unveiled earlier this week by EPW Committee leaders Chairman James Inhofe (R-OK), Ranking Member......

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#FixTheTrustFund This Week: Keeping the U.S. from Driving into Potholes

The Highway Trust Fund (HTF) was set up in 1956 to fund the build and maintain a transportation network nationwide. Today, it is the national bank account for roads, bridges and transit that reimburses states for eligible projects. Inaction by Congress has put the Highway Trust Fund in jeopardy, and with a month left before......

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The Taxman Cometh

This week the focus of Congressional tax committees was on how to properly fund our nation’s roads, bridges and transit systems. The federal Highway Trust Fund (HTF) is supported by current federal gasoline tax receipts, which have failed over time to keep up with current federal transportation spending. Therefore, the HTF is facing an $8 billion shortfall......

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Final Inning for Highway Trust Fund Fix

With Congress back in session, the countdown for a long-term sustainable solution to fund transportation infrastructure is back on. At this point, lawmakers are in agreement that our infrastructure needs serious attention, yet Congress is in gridlock on finding a long-term solution. Underinvestment in infrastructure does not only lead to a growing backlog of maintenance,......

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Trust Fund Patches Won’t Patch Potholes

Just in time for the start of summer travel and construction season, the Highway Trust Fund received yet another short-term extension this week. Congress has “punted” once again on passing a long-term highway and transit funding solution until July 31, 2015. This short-term patch is just the latest of temporary solution over the past six......

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Congress Punts on Highway & Transit Improvements

To use a common football analogy, this week Congress decided to “punt” on finding a long-term highway and transit funding solution and reauthorizing federal surface transportation programs. In football, the purpose of punting is for a team to be in a better strategic position following a failed offensive effort. Congress might need to be reminded of this because......

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Infrastructure Needs Crescendo

With major delays on the DC metro during rush hour, two train derailments, and Arizona’s state report card release, 15 days until the Highway Trust Fund expires, Infrastructure Week highlighted the importance of investing in infrastructure through and a week of planned infrastructure awareness events and the unforeseen infrastructure problems. echo the pleas for a......

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