Tag: roads funding

Roadbuilding

Highway funding rises in new federal spending bill signed by Trump

The new $1.3 trillion federal spending package approved just before a government shutdown deadline boosts funding for highway programs by 8 percent and triples the funding to the Transportation Investment Generating Economic Recovery, or TIGER, program, according to the American Road & Transportation Builders Association. The appropriations were passed by the Senate after a late-night […]

March 26, 2018

Roadbuilding

South Carolina legislature overrides McMaster veto to pass road funding bill

Both the South Carolina Senate and House voted to override Gov. Henry McMaster’s veto of a road funding bill (H.3516) that would increase the state’s gas tax by 12 cents per gallon over a six-year period. The House voted 95-18 in the override, with the Senate voting 32-12. The gas tax increase, along with new […]

May 12, 2017

Roadbuilding

House passes transportation funding patch

The U.S. House of Representatives has approved HR 2353, the Highway Transportation Funding Act of 2015 in a 387-35 vote. The bill, introduced by Congressmen Bill Shuster (R-Pennsylvania), Transportation and Infrastructure Committee chairman, and Paul Ryan (R-Wisconsin), House Ways and Means Committee chairman, extends funding for the Highway Trust Fund until July 31 through a […]

May 20, 2015

Business

Toll roads, P3s and creative financing will bring short-term gain, long-term disaster for the road building industry

For the last half-century gas and diesel taxes collected at the pump have been the primary source of funding for almost all our highway infrastructure. But Congress hasn’t  increased the gas tax or adjusted it for inflation since 1992. Anti-tax advocates claim this as a victory, but it’s not. With the highway trust fund running […]

August 1, 2014