CEG Search results for "highway trust fund"

Gas Tax 'Dying' as Source to Rebuild Infrastructure

/gas-tax-dying-as-source-to-rebuild-infrastructure/39695
CEG - Michael Lewis, executive director of the Colorado Department of Transportation, told a House Transportation and Infrastructure subcommittee hearing that while the motor fuels user fee is “dying” as a model to raise enough revenue to pay for surface transportation infrastructure, ̶...

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...

ARTBA: House Bill “Dropped the Ball” on Transportation Tax Reform

/artba-house-bill-dropped-the-ball-on-transportation-tax-reform/37474
CEG - A leading transportation infrastructure group criticized the House tax bill passed Nov. 16 for failing to address the looming insolvency of the Highway Trust Fund in 2021 and the “$1,000 per year 'hidden tax' borne by every American household due to ever increasing traffic congestio...

Vermont Highway Spending Boosted by Disaster Funding

/vermont-highway-spending-boosted-by-disaster-funding/24948
Wilson Ring - ASSOCIATED PRESS - MONTPELIER, Vt. (AP) Despite a decrease in real dollars that Vermont has received from the federal Highway Trust Fund over the past five years the state has increased spending on highway projects — reducing its backlog of structurally deficient bridges and catching up on much-needed paving ...

Colorado Turns to Toll Roads to Make Up Highway, Construction Funding Gap

/colorado-turns-to-toll-roads-to-make-up-highway-construction-funding-gap/24620
Nicholas Riccardi - ASSOCIATED PRESS - DENVER (AP) As funding for highway construction and upkeep dwindles, Colorado has increasingly turned toward a once-unthinkable way to fund road expansion: tolls. The federal highway trust fund gave the state nearly 9 percent less last year than in 2008 after adjusting for inflation, mirro...

Congress is Giving States the Transportation Blues

/congress-is-giving-states-the-transportation-blues/24306
Joan Lowy - ASSOCIATED PRESS - DAYTON, Ohio (AP) — On the road in a tour bus this week, the U.S. transportation secretary is spreading some bad news: The government’s Highway Trust Fund is nearly broke. If allowed to run dry, that could set back or shut down projects across the country, force widespread layoffs of ...

Highway Construction Drops 11% in June

/highway-construction-drops-11-in-june/23411
CEG - Highway construction work dropped sharply in June, wiping out market gains from the previous seven months amid uncertainty over the federal aid highway program and the Highway Trust Fund, according to an American Road and Transportation Builders Association (ARTBA) analysis of federal data....

AED: Passage of Highway Stop-Gap No Reason to Celebrate

/aed-passage-of-highway-stop-gap-no-reason-to-celebrate/23311
CEG - Associated Equipment Distributors (AED) President & CEO Brian McGuire released the following statement regarding final passage of legislation to patch the Highway Trust Fund (HTF) (H.R. 5021) and keep federal surface transportation programs operating through May 2015."While we’re rel...

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...

National Coalition Launches “Hardhats for Highways” Campaign

/national-coalition-launches-hardhats-for-highways-campaign/22277
CEG - With the federal Highway Trust Fund (HTF) projected to be unable to support any new highway, bridge and public transportation improvements in fiscal year 2015, a national coalition of associations and labor unions announced that it is launching a campaign to help educate Congress about the connec...