Tag: Senate Finance Committee

Roadbuilding

Senate Finance Committee hears opposing views on gas tax, emphasis on long-term transportation funding

Members of the Senate Finance Committee were presented with testimony stressing the need for long-term funding for transportation projects, but much like what was heard earlier in the week by the House Ways and Means Committee, the source of funding remains a divisive issue. In his opening remarks, Committee Chairman Orrin Hatch (R-Utah) called passage […]

June 22, 2015

Roadbuilding

CBO: $6.6 billion needed in highway account to prevent HTF shortfall through December

About $6.6 billion in revenues would be needed for the highway account to meet obligations through Dec. 31, 2014, Congressional Budget Office (CBO) Director Douglas Elmendorf stated Friday. In a follow-up letter to Sen. Ron Wyden (D-Ore.), Elmendorf also noted that the transit account would require $1.5 billion to meet obligations through the same period. The […]

June 30, 2014

Roadbuilding

Senate panel delays vote on highway bill patch

The Senate Finance Committee has delayed its vote on a proposed short-term patch that would provide funding for transportation infrastructure projects through Dec. 31, The Hill reports. During a markup of the Preserving America’s Transit and Highways (PATH) Act Chairman Ron Wyden (D-Ore.) agreed to delay a vote on his proposed $9 billion plan. Wyden […]

June 26, 2014

Roadbuilding

THUD bill heads to full Senate for final vote; Senate committees talk highway funding

Highway funding is a hot topic in the Senate this week as the Appropriations Committee moves the Transportation, and Housing and Urban Development (THUD) bill to the full Senate floor, the Commerce Committee evaluates the House’s plan to use U.S. Postal Service savings for transportation revenue and the Finance Committee seeks funding for highway and […]

June 5, 2014