More From Congressional Budget Office

Senate Finance Committee hears opposing views on gas tax, emphasis on long-term transportation funding

Senate Finance Committee hears opposing views on gas...

Posted by Chris Hill on Jun 22, 2015

Members of the Senate Finance Committee were presented with testimony stressing the need for long-term funding for transportation projects, but ...

CBO estimates $85-$90 billion Highway Trust Fund shortfall by 2021

CBO estimates $85-$90 billion Highway Trust Fund...

Posted by Chris Hill on Jun 02, 2015

The Congressional Budget Office (CBO), at the request of Rep. Sandy Levin (D-Michigan), has projected estimated revenue shortfalls for the Highway ...

Dear Congress: Let’s avoid another HTF crisis

Dear Congress: Let’s avoid another HTF crisis

Posted by Brian Ethridge on Oct 06, 2014

The Transportation Construction Coalition (TCC) is urging Congress to pass a new long-term surface transportation measure as soon as possible. ...

CBO: $6.6 billion needed in highway account to prevent HTF shortfall through December

CBO: $6.6 billion needed in highway account to prevent...

Posted by Amanda Bayhi on Jun 30, 2014

About $6.6 billion in revenues would be needed for the highway account to meet obligations through Dec. 31, 2014, Congressional ...

Senate panel delays vote on highway bill patch

Senate panel delays vote on highway bill patch

Posted by Amanda Bayhi on Jun 26, 2014

The Senate Finance Committee has delayed its vote on a proposed short-term patch that would provide funding for transportation infrastructure ...

HTF 101: How the Highway Trust Fund works

HTF 101: How the Highway Trust Fund works

Posted by Amanda Bayhi on Jun 12, 2014

The Highway Trust Fund (HTF) is a major talking point in the highway construction industry right now, especially because the ...

Senate EPW approves 6-year highway bill; funding questions linger

Senate EPW approves 6-year highway bill; funding...

Posted by Amanda Bayhi on May 15, 2014

The Senate Environment and Public Works Committee unanimously approved a six-year surface transportation reauthorization bill Thursday morning. Related: President Obama brings focus ...

Obama prepares to send $302 billion highway bill to Congress, but will it be enough?

Obama prepares to send $302 billion highway bill to...

Posted by Amanda Bayhi on Apr 24, 2014

President Barack Obama is preparing to present his proposed $302 billion, four-year transportation reauthorization bill to Congress. Transportation Secretary Anthony Foxx ...

CBO: Highway Trust Fund would shortfall under Obama’s proposed budget

CBO: Highway Trust Fund would shortfall under...

Posted by Amanda Bayhi on Apr 21, 2014

The Highway Trust Fund (HTF) would run out of money under President Barack Obama’s proposed $302 billion, four-year highway budget, ...

Transportation Talk:  Can We Stop a ‘Painful’  Transportation Situation?

Transportation Talk: Can We Stop a ‘Painful’ ...

Posted by Tina Grady Barbaccia on Mar 08, 2014

  We’re in trouble – big trouble – and it’s going to be hard to find a way out. It’s not ...

Closer to E than F and heading for B

Closer to E than F and heading for B

Posted by John Latta on Aug 01, 2013

Let’s say you are rolling down the highway and watching the gas gauge on your dashboard as you go. You ...

Let’s start ramping up reauthorization pressure

Let’s start ramping up reauthorization pressure

Posted by John Latta on May 02, 2013

The Congressional Budget Office (CBO) has, helpfully, stated the obvious. The CBO is essentially confirming for us that when reauthorization rolls ...

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