fund News Updates

Government, Business

State, County, City Officials Urge Action to Save Highway Trust Fund

The seven largest associations representing state, county and municipal government have sent a letter to congressional leaders urging them to find a long-term solution to keep the Highway Trust Fund solvent.

July 7, 2014
Government, Business

House Ways and Means Panel OKs Highway Trust Fund Plan

Follow live coverage of the House Ways and Means Committee's hearing to consider a short-term fix to the Highway Trust Fund crisis.

July 7, 2014
Business

Obama: Fund Roads Now

President Obama chided Congress last week for not rectifying the crisis in the Highway Trust Fund, while the U.S. Department of Transportation announced it will begin rationing the reimbursements it sends states for highway work already done.

July 7, 2014
Business

Bid to Save Highway Trust Fund to Resume

With the federal highway account rapidly running out of money, a Senate committee plans to vote this week on a bill that would provide more than $8 billion to pay for transportation projects around the country for the remainder of the year.

July 7, 2014
Government, Business

Rep. Blumenauer to Advocate for Higher Gas Tax

Rep. Earl Blumenauer (D-Ore.), a member of the influential House Budget Committee, has been calling for increasing the federal gas tax to fund large-scale transportation infrastructure projects for several years.

July 2, 2014
Government, Business

Obama Calls on Congress to Address Highway Trust Fund Crisis

President Obama chided Congress July 1 for not addressing the crisis in the Highway Trust fund, saying that further inaction could close down highway projects and endanger tens of thousands of jobs.

July 1, 2014
Government, Business

Senate Panel Drops Truck Tax, Postpones Vote On Trust Fund Bill

The leaders of the Senate Finance Committee said on June 26 they will plan to meet during the week of July 7 to consider a short-term patch for a cash-strapped highway account.

June 26, 2014
Business

Senate Panel Discussed Highway Trust Fund Patch

The Senate Finance Committee discussed measures June 26 to help boost the Highway Trust Fund, which is in danger of running dry by August.

June 26, 2014
Government, Business

Sen. Carper to Propose Gas Tax Increase at June 26 Trust Fund Hearing

Sen. Tom Carper (D-Delaware) said he plans to propose an increase to the national gas tax as a way to generate money for transportation projects when the Senate Finance Committee meets to advance a short-term boost for a federal highway account.

June 25, 2014
Government, Business

Sen. Boxer Backs Democrats’ Trust Fund Patch, Urges Action On Highway Funding

The Senate’s top transportation leader expressed her support for a $9 billion plan to provide a short-term funding boost for a federal highway account, a day before a Senate committee’s consideration of the plan.

June 25, 2014