CEG Search results for "htf"

TCC Social Media & Advertising Campaign Urges Congressional Action on HTF Fix

/tcc-social-media-and-advertising-campaign-urges-congressional-action-on-htf-fix/24758
CEG - “Sixty-two percent of the jobs created from federal highway and public transit investments are outside the construction industry,” one infograph shows. “Every $1 in federal highway and mass transit investment increases the nation’s GDP between $1.80-$2.00,” another o...

Congressional Letter Shows Broad Bipartisan Support for HTF Solution

/congressional-letter-shows-broad-bipartisan-support-for-htf-solution/24566
CEG - A letter authored by Rep. Reid Ribble (R-Wis.), Rep. Tom Reed (R-N.Y.), Rep. Dan Lipinski (D-Ill.) and Rep. Bill Pascrell, Jr. (D-N.J.), and signed by nearly 300 members of the House of Representatives shows widespread support for fixing the Highway Trust Fund and quick action on a long-term surf...

ARTBA Issues "Call to Action" on HTF and 2014 Elections

/artba-issues-call-to-action-on-htf-and-2014-elections/23739
CEG - With the mid-term elections less than one month away, American Road & Transportation Builders Association (ARTBA) President & CEO Pete Ruane issued a grassroots “call to action” to thousands of transportation design and construction industry professionals.In this short ...

Yet Again, Congress Must Act on HTF

/yet-again-congress-must-act-on-htf/23710
CEG - With Oct. 1 marking the beginning of fiscal year 2015, the 31-member organization Transportation Construction Coalition (TCC) urged Congress to find a way to pay for, and pass, a new long-term surface transportation measure as soon as possible. They cautioned that failure to act would lead to an...

ARTBA: New Banking Rules Will Exacerbate HTF Problems

/artba-new-banking-rules-will-exacerbate-htf-problems/23544
CEG - The American Road & Transportation Builders Association (ARTBA) says new federal banking rules announced August 3 “will further impede state transportation planning and investments across the nation.”Rules just approved by the U.S. Federal Reserve, the Office of the Comptrolle...

U.S. DOT Outlines Steps for Managing Impending HTF Shortfall

/us-dot-outlines-steps-for-managing-impending-htf-shortfall/23152
CEG - WASHINGTON – U.S. Secretary of Transportation Anthony Foxx has sent letters to state transportation departments and transit agencies outlining steps the Department of Transportation (DOT) will soon be forced to take to manage the impending insolvency of the Highway Trust Fund. In both lett...

USDOT: HTF Needs Cash Infusion By Late Summer

/usdot-htf-needs-cash-infusion-by-late-summer/22573
CEG - Based on current spending and revenue trends, the U.S. Department of Transportation estimates that the Highway Account of the Highway Trust Fund will encounter a shortfall before the end of fiscal year (FY) 2014 according to a report issued this week.According to the report, the Highway...

Looming HTF Crisis to Affect Over Half of Road, Bridge Investments

/looming-htf-crisis-to-affect-over-half-of-road-bridge-investments/21284
CEG - As the Highway Trust Fund (HTF) lurches toward its fifth insolvency crisis in seven years when the MAP-21 surface transportation law expires in September 2014, federal surface transportation investment to the states could be dealt a crippling blow unless Congress acts, the American Road & Transpo...

AED Urges Congress to Use HTF Surplus to Balance Projected Shortfall

/aed-urges-congress-to-use-htf-surplus-to-balance-projected-shortfall/1834
CEG - There has been considerable concern in the construction industry in recent weeks about the possibility of a major reduction of the federal highway program budget for fiscal year 2003. Those concerns are justified, according to the Associated Equipment Distributors (AED). Earlier this mont...

US DOT Spends Money to Find Ways to Get More Money

/us-dot-spends-money-to-find-ways-to-get-more-money/30529
CEG - The USDOT is looking for creative ways to sustain the Highway Trust Fund (HTF).The organization announced $14.2M in grants for states under a new program to explore ways to sustain the HTF.“Reliable funding is essential to ensuring we have a sound transportation system to supp...