Tag: Highway Trust Fund: Page 29

Roadbuilding

Lawmakers consider U.S. Postal Service as highway funding source

As the deadline to find a revenue source for highway projects draws nearer, some lawmakers are looking for creative means of funding. The main source of funding, the Highway Trust Fund (HTF), is expected to run out of money in August. An insolvent HTF would halt projects across the nation. And though the Senate Environment […]

May 29, 2014

Roadbuilding

Travel industry survey: ‘Crumbling infrastructure’ poses economic threat

The “crumbling infrastructure” in the U.S. threatens global competitiveness as well as job and economic growth, business leaders say. A survey conducted by Building America’s Future (BAF) and the U.S. Travel Association found that more than three-quarters of respondents said the state of the transportation infrastructure in the U.S. puts the nation at a competitive […]

May 23, 2014

Roadbuilding

Connecticut could bond $11.9 million for road repairs

Connecticut could see more funding for highway repairs in the coming weeks. Gov. Dannel Malloy said this week that the state bond commission plans to meet next Friday to consider a $11.9 million bond that would fund road maintenance and resurfacing projects, the New Haven Register reports. Malloy said the proposed bonding, along with $57 […]

May 22, 2014

Business

President Obama, VP Biden treat 4 construction workers to burgers and fries

The President and Vice President took their lunch outside the White House on Friday and treated four construction workers to burgers and fries as part of the Obama administration’s push to increase highway construction funding. President Barack Obama and Vice President Joe Biden ate at a Shake Shack restaurant a few blocks away from the […]

May 21, 2014

Roadbuilding

Obama criticizes House GOP bill for major cuts to job-creating program

President Barack Obama said on Saturday that the House Republicans’ proposed budget would slash a job-creating program by 80 percent. The comment came during Obama’s weekly address at the White House, where he reiterated Transportation Secretary Anthony Foxx’s warning that if Congress fails to pass a surface transportation reauthorization bill that addresses the nearly-insolvent Highway […]

May 19, 2014

Business

Senate committee approves 6-year highway bill but funding questions remain

The Senate Environment and Public Works Committee unanimously approved a six-year surface transportation reauthorization bill Thursday morning. Top committee members Sens. Barbara Boxer (D-Calif.), committee chairman; David Vitter (R-La.), committee ranking member; Tom Carper (D-Del.), chairman of the Subcommittee on Transportation and Infrastructure; and John Barrasso (R-Wy.), subcommittee ranking member unveiled the bill, known as the MAP-21 Reauthorization […]

May 19, 2014

Roadbuilding

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

The Senate Environment and Public Works Committee unanimously approved a six-year surface transportation reauthorization bill Thursday morning. Related: President Obama brings focus to highway bill during National Transportation Week Top committee members Sens. Barbara Boxer (D-Calif.), committee chairman; David Vitter (R-La.), committee ranking member; Tom Carper (D-Del.), chairman of the Subcommittee on Transportation and Infrastructure; and […]

May 15, 2014

Roadbuilding

How to earn $500 to attend the TCC Fly-In

The current surface transportation bill, Moving Ahead for Progress in the 21st Century (MAP-21) expires on September 30, and the Highway Trust Fund (HTF) is almost bankrupt. To help garner support for ensuring the HTF does not become insolvent, the Association of Equipment Manufacturers (AEM) is offering a $500 travel incentive to attend the upcoming […]

May 14, 2014

Roadbuilding

DOT continues to project Highway Trust Fund shortfall in August

The U.S. Department of Transportation maintains its projection that the Highway Trust Fund will shortfall in August, according to the latest update of the agency’s Highway Trust Fund Ticker. Transportation Secretary Anthony Foxx introduced the Ticker in January. It is designed to provide a monthly update on the HTF’s remaining balance. Last month, the DOT […]

May 14, 2014

Roadbuilding

President Obama brings focus to highway bill during National Transportation Week

The White House announced on Friday that May 11-17 is National Transportation Week and May 16 is National Defense Transportation Day. The announcement comes as Infrastructure Week begins, bringing several conferences, roundtables, educational seminars and other infrastructure-related events to Washington, D.C. Related: Infrastructure jobs can boost U.S. employment; highway funding push continues The president notes […]

May 12, 2014

Roadbuilding

Infrastructure jobs can boost U.S. employment; highway funding push continues

Buzz about infrastructure investment continues today as a number of reports and statements are released. The Brookings Institution released a report today on infrastructure employment, and earlier this week AAA pushed for a gas tax hike, 50 Chambers of Commerce urged Congress to fix the Highway Trust Fund (HTF) and the Institution on Taxation and […]

May 9, 2014

Business

Senators to release long term highway bill on Monday, markup set for Thursday

U.S. senators from the Environment and Public Works and Transportation and Infrastructure committees have announced that they will release the text of their new highway bill on Monday with a markup of the bill coming Thursday. Chairman of the EPW committee, Sen. Barbara Boxer (D-California) previously said she wanted to release the bill’s text this week, but […]

May 9, 2014