fund News Updates

Government, Business

Commerce Committee to Hold DOT Nominations Hearing June 11

Senators are likely to press two senior Department of Transportation officials on highway funding, safety and freight policy when a committee considers their nominations June 11 for top jobs at the department.

June 10, 2014
Government, Business

Transportation Programs Need Long-Term Funding, Says DOT’s Mendez

ARLINGTON, Va. — Acting Deputy Transportation Secretary Victor Mendez on June 3 cautioned Congress against approving a short-term legislative fix to address looming shortfalls in highway funding this summer, urging it to approve a long-term “strategic” plan instead.

June 3, 2014
Government, Business

Rules Committee Paves Way for Transportation Spending Bill on House Floor

The House Rules Committee adopted an open rule process for a fiscal 2015 transportation funding bill by voice vote on May 29.

May 29, 2014
Business

ATA Backs Indexing Fuel Tax to Inflation

American Trucking Associations said it has endorsed indexing the federal fuel taxes based on inflation and adding an annual “highway access fee” for all motorists, as well as several other options to address the nation’s surface transportation infrastructure funding crisis.

May 21, 2014
Government, Business

House Subcommittee Approves $52 Billion Transportation, Housing Spending Bill

House appropriators on May 7 easily approved a $52 billion spending bill that would fund transportation and housing programs in fiscal 2015.

May 8, 2014
Government, Business

Senate Focuses on Transportation System’s Funding Crises

The Senate’s top financial experts this week turned the spotlight on the funding crisis facing the nation’s transportation system but revealed little to address immediate or long-term shortfalls that already are halting planned highway projects.

May 7, 2014
Government, Business

Senate Panel to Review Cash-Strapped Highway Trust Fund May 6

Senate tax writers will examine ways to keep the Highway Trust Fund’s road and transit programs funded before the account runs out of money later this summer.

May 5, 2014
Government, Business

ATA Presses Obama on Long-Term Funding for Roads, Bridges

Trucking industry leaders have called on the Obama administration to unveil a transportation plan that focuses on long-term, user-fee solutions for the Highway Trust Fund, not quick fixes.

April 28, 2014
Business

Experts See Short-Term Fix as Highway Dollars Dwindle

With the Highway Trust Fund moving toward insolvency, transportation experts said they expect Congress to approve a short-term bill this summer to avoid delays for major highway projects.

April 21, 2014
Government, Business

Senators Say They Have Reached Agreement on Framework for Highway Funding Bill

Four U.S. senators leading the debate for a long-term transportation bill said that they have reached a bipartisan agreement on the broad principles for legislation they will begin working on after the Easter recess.

April 14, 2014