Issue / Highway Trust Fund
Budget Gives Update on Post-IIJA Highway Trust Fund Shortfall
Apr 01, 2022 | Jeff DavisAfter the Highway Trust Fund was reauthorized in the Infrastructure Investment and Jobs Act (IIJA) with a $118 billion general fund...
Administration Predicts HTF Will Need Additional Bailout Before End of IIJA
Mar 01, 2022 | Jeff DavisThis afternoon, the Treasury Department released the quarterly Treasury Bulletin for March 2022, which contains the first Treasury-OMB...
Case Study: How Inflation Can Nullify Transportation Funding Increases
Feb 18, 2022 | Jeff DavisIf you follow economic news, the last few weeks have seen unsettling signs of inflation. On February 10, it was announced that the...
Vulnerable Senate D’s Propose $20B Gas Tax Holiday
Feb 10, 2022 | Jeff DavisWith high gas prices much on the mind of voters, a group of Democratic Senators led by Mark Kelly (D-AZ) and Maggie Hassan (D-NH) this...
“The Bucks Stop Here: The Absurdity of the Highway Trust Fund” Centennial Recap
Jan 28, 2022 | Jonathan HammondThe year was 1955. The Salk vaccine hit the shelves. The first McDonalds opened. And in Washington, D.C., a highway funding proposal...
Treasury Deposits $118 Billion Bailout in Highway Trust Fund
Jan 14, 2022 | Jeff DavisThe Treasury Department's official report on Highway Trust Fund finances for December 2021 is now out, and it shows that the $118...
Debt Limit Likely to Be Increased Next Week, Allowing HTF Bailout to Be Processed
Dec 10, 2021 | Jeff DavisThe latest debt ceiling crisis will be solved by the middle of next week, without having to delay the latest bailout transfer of the...
Wheels of Fortune: A Centennial Institute Recap
Dec 10, 2021 | Jonathan HammondWhile reforming surface transportation funding and financing is an evergreen topic in federal Washington, major events over the last...
Congress Still Can’t Leave Without Dealing with Debt Limit
Dec 03, 2021 | Jeff DavisWhile Congress has now extended the annual appropriations deadline into next February, there is still no clear path in sight for...
Surface Transportation Programs Extended to Dec. 3 While Budget Reconciliation Bill Gets Refined
Oct 29, 2021 | Jeff DavisLast night, the U.S. House and Senate have both agreed to another one-month extension of federal surface transportation funding...
FHWA Projects HTF Highway Account Won’t Need Bailout Until Summer 2022
Oct 21, 2021 | Jeff DavisThe Federal Highway Administration has notified Capitol Hill that the Highway Account of the Highway Trust Fund probably won't need an...
Senate Clears 1-Month HTF Extension for President’s Signature
Oct 02, 2021 | Jeff DavisAt 1:30 p.m. today, the U.S. Senate held a special session lasting less than five minutes, during which the Senate passed legislation...