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Tag: patch
Roadbuilding
Congress passes Highway Trust Fund patch; Obama signs
Just hours after the House turned down the Senate’s highway funding bill, Congress has passed a $10.8 billion bill to fund the Highway Trust Fund. Without the temporary patch, the HTF would have run dry in the next month or so. The bill is expected to be signed by President Barack Obama and should allow […]
August 12, 2014
Roadbuilding
CBO: $6.6 billion needed in highway account to prevent HTF shortfall through December
About $6.6 billion in revenues would be needed for the highway account to meet obligations through Dec. 31, 2014, Congressional Budget Office (CBO) Director Douglas Elmendorf stated Friday. In a follow-up letter to Sen. Ron Wyden (D-Ore.), Elmendorf also noted that the transit account would require $1.5 billion to meet obligations through the same period. The […]
June 30, 2014
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