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Tag: Highway Trust Fund: Page 35
Roadbuilding
Transportation funding talks remain stagnant
The debate over transportation funding continues as MAP-21âs expiration dateâSeptember 2014âinches closer and closer. Congressional discussions about how to increase funding are seemingly going nowhere, Politico reported. While transportation funding, particularly the Highway Trust Fund, continues to decrease, ideas about an increase in the gas tax (which has remained stagnant since its 18.4-cent-per-gallon raise in [âŚ]
March 25, 2013
Roadbuilding
Elvis and the Highway Trust Fund
Letâs say Elvis was still around somewhere. Letâs say his plot to flee the spotlight and disappear into a quiet life far from the madding crowd was still working. And letâs say that he took some of his old Cadillacs and Lincolns with him, the big, lumbering, gas-hogging mid-fifties models. Perhaps today heâd be aware [âŚ]
March 25, 2013
Roadbuilding
Hey Congressman, watch this ARTBA video
The American Roads and Transportation Builders Association (ARTBA) has released a new video. The message is old. Thatâs kind of the point. The message has been the same for years now. Fix the Highway Trust Fund. So the message is also of vital importance to the transportation infrastructure community, both in terms of work and [âŚ]
March 12, 2013
Business
Sequester to cut $4 billion from federal construction programs
Sequestration, the automatic federal spending cuts that took effect on March 1, will cut more than $4 billion from federal construction programs according to data from a report to Congress from the Office of Management and Budget. Largely exempt from the cuts are the Highway Trust Fund and the Airport Improvement Program. However, most federal [âŚ]
March 5, 2013
Roadbuilding
Highway Trust Fund $365.5 billion in debt by 2036 â AED report
Highway Trust Fund (HTF) shortfall will be in the coming decades. The report, conducted for the Associated Equipment Distributors (AED) by William and Mary Universityâs Thomas Jefferson Program in Public Policy, forecasts that over the next 23 years the Highway Trust Fund will run up a $365.5 billion deficit. The number may be new but [âŚ]
February 22, 2013
Roadbuilding
The John Delaney and Bill Clinton Plan for transportation infrastructure
Weâve heard for years now that the private sector has money that is just waiting to be invested in our future transportation infrastructure. And itâs still waiting. Now comes a hugely-successful private sector businessman turned Congressman with an idea. Some of it borrowed from Bill Clinton. Maryland Congressman John Delaney, a self-made multi-millionaire financier, has said he [âŚ]
February 22, 2013
Business
CBO: Highway Trust Fund should fulfill obligations through 2014
According to the latest forecast from the Congressional Budget Office, the Highway Trust Fund will have insufficient revenues by the end of 2015, but should be able to fulfill its obligations through 2014. At the beginning of this year, the HTF held $10 billion and the CBO forecast expects that amount to dwindle by half [âŚ]
February 11, 2013
Roadbuilding
Domino 1.
There is a sense of inevitability about this. Itâs not a real surprise, and the next falling domino probably wonât be either.Tennessee will stop work on its portion of I-69 because the state canât afford the cost. Writing a guest column in the Memphis Commercial Appeal, TDOT commissioner John Schroer says the state has already invested [âŚ]
January 15, 2013
Roadbuilding
Pushing the toll option
The International Bridge Tunnel and Turnpike Association (IBTTA) is launching what it calls an âaggressiveâ campaign to show us the benefits of tolling AND suggesting more of it. With highway infrastructure in such abysmal shape, tolling has to be on everyoneâs lips, even if they speak behind closed doors. After all, it takes money from [âŚ]
January 10, 2013
Roadbuilding
Fifty-state âVehicle Miles Traveledâ tax/fee/charge study proposed
Will your vehicle one day feel like a taxi cab? Oregon Democrat representative Earl Blumenauer has introduced legislation that would fund a 50-state Vehicle Miles Traveled (VMT) pilot program to examine a new source of highway funding.  The legislation calls on the Secretary of the Treasury to undertake a series of studies to demonstrate the viability [âŚ]
December 17, 2012
Roadbuilding
Whispering the T Word
TAX! Nothing like shouting a three-letter word ending in X to get your attention. But no, weâre not talking income tax. The gas tax is back on a table in Washington. The 18.3 cents a gallon tax, un-indexed and unchanged in almost 20 years, is the now inadequate basis of our highway system funding. Itâs [âŚ]
December 5, 2012
Roadbuilding
Kirk Landers, Editor Emeritus
Here is the letter I sent to my senators and representatives.
December 1, 2012
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