Issue / Highway Trust Fund
Annual Highway Trust Fund Forecast: Lower Tax Receipts; More Interest, but AATF In Better Shape
Feb 17, 2023 | Jeff DavisAs part of its annual budget outlook update, the Congressional Budget Office this week released an updated 10-year projection of...
How Do Federal Transportation Trust Funds Invest Their Money?
Feb 17, 2023 | Jeff DavisLast month, the Treasury Department overhauled the way it presents the data in its monthly reports on how it manages the 20 federal...
FHWA Reveals Possible $3.5 Billion Highway Funding Overstatement
Feb 03, 2023 | Jeff DavisThe Federal Highway Administration told Congress this week that $3.5 billion in federal-aid highway contract authority balances held by...
Manchin Suggests Debt Limit Talks Address HTF Solvency
Jan 20, 2023 | Jeff DavisSenator Joe Manchin (D-WV) suggested this week that part of the answer to increasing the federal debt ceiling would be to include...
Higher Interest Rates Could Keep Highway Trust Fund Afloat Another Year After IIJA Expires
Oct 28, 2022 | Jeff DavisJust as The Great Inflation of 1967-1982 holds precedents and lessons that could greatly affect infrastructure spending in the real...
FHWA Gives States $59.9B in IIJA Highway Formula Funding
Oct 14, 2022 | Jeff DavisThe Federal Highway Administration on October 6 formally apportioned $59.9 billion in highway funding to states via formula. The money...
Eno Launches New Research Initiative to Help Define Parameters for a National VMT Fee Pilot
Sep 16, 2022 | Paul LewisWhat if we charged drivers by the miles they drove rather than the gallons of fuel their cars consume? Perhaps more importantly, how...
White House Endorses 3-Month Gasoline Tax Holiday
Jun 22, 2022 | Jeff DavisPresident Biden today endorsed a three-month suspension of the 18.4 cent-per-gallon federal excise tax on gasoline. The President made...
Biden Calls on Congress to Enact 3-month Gas Tax Holiday
Jun 22, 2022 | Jeff Davis“All this does is make the trust fund even more dependent on the general fund [for maintaining roads and bridges], as opposed to...
Gas Prices, Adjusted for Inflation, Now Highest Since 2008
Jun 10, 2022 | Jeff DavisThe U.S. Energy Information Administration reported this week that the average retail price of a gallon of gasoline rose to $4.55 on...
CBO Shares Predictably Bad HTF Outlook, but Evidence of COVID Aid Replacing Transit Spending
May 27, 2022 | Jeff DavisThe nonpartisan Congressional Budget Office's new baseline projections contain mixed news for the federal Highway Trust...
USDOT Gets FY22 Highway and Transit Formula Funding Increases Out the Door
Apr 08, 2022 | Jeff DavisTwin announcements from the U.S. Department of Transportation in the last week have given state and local governments permission to...