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Tag: highway funding patch
Roadbuilding
Obama proposes $10-per-barrel tax on oil production to fund green infrastructure
President Barack Obama is aiming to implement more measures to combat climate change, and this time he’s eyeing oil companies to foot the bill. The Hill reported that the White House announced Obama will propose with his budget request next week a $10-per-barrel fee on oil production in order to fund a new $32.4 billion per-year “green transportation plan.” The plan […]
February 4, 2016
Roadbuilding
Democratic presidential candidates call for increased highway funding
During Sunday’s Democratic presidential debate in Charleston, South Carolina, Sunday night, all three candidates vowed that transportation funding would be one of their top priorities if they were elected to the White House. In the first question of the final Democratic presidential debate before the Iowa caucuses, front-runner Hilary Clinton, Vermont Sen. Bernie Sanders and former Mayland Gov. […]
January 20, 2016
Roadbuilding
AED: Highway bill to stimulate more than $13 billion in heavy equipment sales
The newly passed FAST Act that pumps $305 billion into transportation over the next five years isn’t just good for the construction companies doing the road work and the drivers who might have an easier commute. It’s also major boon for the heavy equipment industry. Associated Equipment Distributors said that the Fast Act would pump $13.27 […]
December 11, 2015
Roadbuilding
States praise Congress for passing long-term highway bill
When Congress passed the first national long-term highway bill in a decade last week, it was a huge relief to state officials across the U.S. The constant uncertainty with patch after patch made planning for transportation projects difficult because state DOTs didn’t know if and how much money they might be getting from the federal […]
December 10, 2015
Roadbuilding
Obama signs 5-year highway bill into law
For the first time in a decade the United States has long-term transportation funding as both the House of Representatives and Senate voted overwhelmingly Thursday to pass the five-year, $305 billion FAST Act. President Obama signed the bill into law Friday. “Under the Act funding will go up by roughly 11 percent over five years. This […]
December 4, 2015
Roadbuilding
White House says Obama will sign highway bill; House set to vote today
President Barack Obama will sign Congress’ new $305 billion transportation bill into law should it pass both the House of Representatives and the Senate this week. According to The Hill, White House Press Secretary Josh Earnest said the president will sign the FAST Act into law before the deadline in order to prevent transportation funding […]
December 3, 2015
Roadbuilding
House and Senate unveil 5-year, $305 billion highway bill
Members of the United States House of Representatives and the Senate were able to reach an agreement on a unified highway bill and announced on Tuesday a $305 billion bill that would provide transportation funding for five years. The negotiators from the two chambers in the conference committee unveiled on Tuesday the Fixing America’s Surface Transportation Act, […]
December 2, 2015
Roadbuilding
Hillary Clinton rolls out $275 billion infrastructure plan at launch of construction coalition
Democratic presidential candidate Hillary Clinton rolled out a massive $275 billion infrastructure at the launch of her campaign’s new “Hard Hats for Hillary” coalition. According to ABC News, the frontrunner for the Democratic presidential nomination revealed her new five-year plan to invest in America’s infrastructure that would be paid for by business tax reform. Clinton […]
December 1, 2015
Roadbuilding
Obama signs 2-week transportation patch
President Barack Obama signed into law on Friday the 36th short-term highway bill patch as Congress works out a unified long-term bill. The new patch will extend funding through Dec. 4, by which time the House and Senate hope to have the first long-term highway bill in over a decade on the president’s desk. The Hill reported that Obama […]
November 23, 2015
Roadbuilding
Democratic senators call for shorter highway bill in order to maximize funding
A group of 26 Democratic senators have sent a letter to the bicameral conference committee currently working on a highway bill, calling for a shorter bill in order to provide more funding. Sens. Cory Booker (D-New Jersey) and Tom Carper (D-Delaware) led the group of Democrats in the push for greater investment in the country’s infrastructure. The […]
November 20, 2015
Roadbuilding
Most recent highway funding patch “the last,” vows Shuster as bicameral conference gets underway
Lawmakers proclaimed that the latest and 36th-straight short-term highway patch would be the last as the bicameral conference committee met for the first time Wednesday. The bipartisan committee of members of the House of Representatives and the Senate met publicly Wednesday morning to begin the process of drafting the first long-term transportation bill in a decade. […]
November 19, 2015
Roadbuilding
Yet another patch passed by House would extend highway funding through Dec. 4 as Congress works out long-term bill
Despite talk that Congress wanted to have a long-term transportation bill on President Barack Obama’s desk by next week, a meaningful highway bill won’t be something to be thankful for by Thanksgiving. The House of Representatives passed the 36th straight short-term patch to the Highway Trust Fund Monday night to extend funding through Dec. 4 […]
November 18, 2015
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