Cost of Driving a Car Continues to Drive Inflation
April 12, 2024 – The costs of housing and of owning a private vehicle continued to be the two biggest drivers of above-expected inflation in March 2024.
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By Jeff Davis
April 12, 2024 – The costs of housing and of owning a private vehicle continued to be the two biggest drivers of above-expected inflation in March 2024.
By Jeff Davis
As Jeff Davis explains in an article for the Eno Center for Transportation, the FHWA has lost buying power, getting less “bang for the buck” on projects. “This was the 11th straight quarter of cost increases. The July-September 2023 NHCCI of 3.456 is a 69 percent increase in highway construction costs since the October-December 2020 quarter.”
By Jeff Davis
March 14, 2024 – Most of our coverage of the federal budget sticks to transportation (either the Department, or the budget functional category), but it is also useful to look beyond transpo and see the larger picture.
By Jeff Davis
March 13, 2024 – Once again, President Biden’s 2025 budget proposes to let $36.8 billion per year in IIJA funding for transportation expire after 2026, and claims $158 billion in deficit reduction over 10 years from ending this funding, which was assumed to continue in the budget “baseline.”
By Jeff Davis
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By Jeff Davis
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By Jeff Davis
March 1, 2024 – The Federal Transit Administration (FTA) has taken the unusual step of making partial-year apportionments of federal mass transit formula funding under the Transit Formula Grants budget account.
By Jeff Davis
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By Jeff Davis
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By Jeff Davis
February 9, 2024 – The new CBO baseline shows how about 25 percent of projected USDOT funding after 2026 is contingent on Congress renewing the unusual “advance appropriations” for transportation made by the IIJA.
By Jeff Davis
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October 18, 2023 – The U.S. House Transportation and Infrastructure subcommittee on Highways and Transit met to discuss the solvency challenges associated with the Highway Trust Fund (HTF).
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