Tag: highway construction funding

Roadbuilding

Billions in federal transportation funding saved just before cutoff

The day before the federal government was set to shut down, the Senate passed legislation to keep the government running for two more months while extending for another year the nation’s main funding source for highways, public transit and airports. The U.S. Senate voted 84-10 on September 30 to keep the government funded until December […]

October 1, 2020

Roadbuilding

Senate rejects amendment seeking to fund infrastructure by closing corporate tax loophole

A $478 billion transportation funding amendment to the 2016 budget put forth by Independent Vermont Sen. Bernie Sanders was struck down March 24, according to a report by The Hill. In a 52-45 vote, the Senate ended the amendment that would have pulled funds from a repatriation measure to collect tax dollars from overseas profits […]

March 25, 2015

Business

Bursting bubble of big tobacco financing gives glimpse of road building’s future without a gas tax increase

Last week I wrote about how states that engage in public-private partnerships (P3s) and other types of debt and bond financing would create short term gains and long term disaster for the road building industry. This weekend I read an article on ProPublica, an independent journalism site, that shows how the exact same thing—only using […]

August 12, 2014

Business

Can cutting Postal Service spending save highway construction funding? House GOP moves forward with controversial plan

House Republican leaders are moving forward with a plan to fund the Highway Trust Fund (HTF) with savings from cutting certain U.S. Postal Service programs. House GOP leaders released a memo on Friday outlining the plan, which includes changes such as ceasing Saturday operations, which Republicans say will save $10.7 billion over a decade, Politico reports. A […]

June 4, 2014