Subscribe to our free, weekly email newsletter!

Filed in Highway Trust Fund

Monday, January 19, 2015

Congress should put aside its philosophical differences and make a long-deferred investment in transportation infrastructure through a “dime or two” per-gallon increase in the federal fuel tax, which should be made more politically palatable by more accurately referring to it as a “user fee” rather than a tax.
Posted on 01/19 at 09:09 AM
NewsGasoline TaxHighway Trust FundU.S. Chamber of CommercePermalink

Tuesday, December 16, 2014

The Highway Trust Fund is irretrievably broken and should be eliminated in favor of a new system of revenue streams or by dedicating a portion of the federal income tax to pay for transportation. That’s the conclusion of a new multi-year report by the Eno Foundation, an influential Washington transportation think tank. The report, released in early December, was funded by the Rockefeller Foundation.
Posted on 12/16 at 02:15 AM
NewsHighway Trust FundEno FoundationPermalink

Monday, December 15, 2014

The biggest issue for transport in 2015 is funding for Interstate highways. That current funding will expire in May after a stop-gap nine-month continuing resolution expires. Whether the new Congress has the gumption to tackle the sticky problem of how to pay for much-needed highway and bridge reconstruction is an open question, however.
Posted on 12/15 at 10:31 AM
NewsRegulationsHighway Trust FundCongressPermalink

Wednesday, July 16, 2014

The House of Representatives voted by a 367-55 margin to approve H.R. 5021, the Highway Transportation and Funding Act of 2014, which will keep federal transportation funding intact through May 2015.
Posted on 07/16 at 10:06 AM
NewsGasoline TaxHighway Trust FundPermalink

Friday, July 11, 2014

In recent days, both the Senate Finance Committee and the House Ways and Means Committee have been working on bills that each have the intention of keeping the HTF afloat, but, unsurprisingly, neither calls for what would appear to be the easiest way of doing so, which is the simply raise the tax.
Posted on 07/11 at 11:38 AM
NewsHighway Trust FundPermalink

Thursday, April 03, 2014

As we have written about extensively, having sufficient capital in the HTF is critical as its revenues are allocated for federal highway, transit, and highway safety programs. But as we also know the main funding source for the HTF, the federal gasoline tax, has not increased from its current levels of 23.4 cents for diesel and 18.4 cents per gallon of gasoline since 1994. What’s more, diesel taxes represent about 90 percent of Highway Trust Fund (HTF) net revenues.
Posted on 04/03 at 09:07 AM
BlogsGasoline TaxHighway Trust FundPermalink

Monday, October 28, 2013

Things are nowhere near perfect when it comes to solutions for transportation funding and how to make things better. But even with the angst and the related risks in today’s political sphere, it is clear that some baby steps toward some type of progress are actually happening, albeit at a very slow pace.
Posted on 10/28 at 10:31 AM
BlogsTransportation InfrastructureHighway Trust FundMAP-21Permalink

Wednesday, October 02, 2013

Whether or not the federal government is open or not, one thing (among many, to be sure) that remains largely inactive is the lack of any semblance of meaningful progress when it comes to fixing the many issues stemming from the federal gasoline tax.
Posted on 10/02 at 12:28 PM
BlogsFuelGasoline TaxHighway Trust FundPermalink

Thursday, July 25, 2013

The fact that the Highway Trust Fund (HTF) is financially challenged comes as no surprise to anyone involved in freight transportation and supply chain circles. What’s more, now that it is on the verge of insolvency, how to address that problem appears to be gaining traction in Congress. That was a major takeaway of a hearing hosted this week by the House Subcommittee on Highways and Transit entitled “How the Financial Status of the Highway Trust Fund Impacts Surface Transportation Programs.”
Posted on 07/25 at 11:10 AM
NewsGasoline TaxHighway Trust FundPermalink

Tuesday, June 26, 2012

The Highway Trust Fund (HTF) currently takes in and pays out about $35 billion per year— excluding transfers from the Treasury General Fund. What started off as a user-fee system to pay for highway construction and repair has morphed into a large federal “cookie jar” that politicians use to direct money to their favorite causes while our highways and bridges deteriorate at an alarming pace. Now is the time to take the cookie jar back.
Posted on 06/26 at 11:54 AM
NewsTransportation InfrastructureHighway Trust FundCongressPermalink

Page 1 of 2 pages  1 2 > 
View all categories and topics

© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA