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Tag: HTF insolvency
Business
House passes $10.8 billion quick fix as highway construction funding nears insolvency
The House on Tuesday passed a nearly $11 billion quick fix that would stave off the looming insolvency of the Highway Trust Fund (HTF), the primary source of federal funding for road construction and repairs. The bill passed a week after the White House and transportation officials urged lawmakers to try and find a long-term […]
July 16, 2014
Business
White House, transportation leaders push Congress to find a long-term highway funding solution sooner rather than later
The White House, Transportation Secretary Anthony Foxx and several industry associations are urging Congress to find a highway funding solution before the primary source of money, the Highway Trust Fund (HTF), becomes insolvent. The U.S. Department of Transportation (DOT) projects that insolvency to occur by the end of August. White House press secretary Josh Earnest […]
July 9, 2014
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