The Highway Trust Fund ran out of money 10 years ago this month, but this month is also the 40th anniversary of the first attempt by the House transportation committee to “spend down” Trust Fund balances to zero, and of a competing plan to ensure that annual Trust Fund spending commitments could never exceed annual revenues (which would, of course, have prevented the Trust Fund from ever going broke).
Eno Transportation Weekly
Category: Surface Reauthorization
May 22, 2018 – Twenty years ago today, on May 22, 1998, the House of Representatives and Senate passed the final conference report version of the landmark surface transportation reauthorization bill, the Transportation Equity Act for the 21st Century (TEA21).
July 7, 2017 – The Congressional Budget Office on July 5 updated its semiannual forecast of Highway Trust Fund cash flow issued the week before due to a spreadsheet error in the Highway Account.
March 29, 2017 – Thirty years ago this week, an 18-month struggle over the future of federal highway and mass transit funding came to a head: President Ronald Reagan became the first chief executive to veto a federal-aid highway authorization bill, and Congress overrode the veto.
The recent enactment of the “Fixing America’s Surface Transportation Act” (FAST Act) has rightly been acclaimed as a significant legislative achievement and an important step forward in national transportation policy.
December 9, 2015 – Compares major funding and policy provisions in the just-enacted FAST Act to the major funding and policy priorities of the Administration’s GROW AMERICA proposal.
December 5, 2015 – Late yesterday afternoon, President Obama signed into law the FAST Act (Fixing America’s Surface Transportation), H.R. 22. There was no ceremony and no fanfare – just a simple statement from the White House that the President had signed the bill (which followed a presidential statement from earlier yesterday morning saying that the bill was “not perfect, but it is a commonsense compromise, and an important first step in the right direction”).
December 4, 2015 – In discussing the FAST Act conference agreement with many reporters over the last three days, there were a lot of “top-line” total dollar amounts being thrown around. Most of them are technically accurate but are used to describe different things.
December 4, 2015 – Yesterday, both chambers of Congress approved legislation providing $281 billion from the Highway Trust Fund for surface transportation programs over the next five fiscal years and authorizing the continuation of general fund surface programs as well.
Here is a set of links to the information resources regarding the FAST Act that Eno has assembled thus far.
Thursday, December 3, 2015 – 9:03 p.m. The U.S. Senate has agreed to the conference report on the five-year surface transportation authorization bill (H.R. 22, the FAST Act) by a 83-16 vote at 9:01 p.m., clearing the measure for President Obama’s … Sorry – you don’t have access to this item.
December 3, 2015 – The House of Representatives has passed the conference report on the FAST Act (the five-year surface transportation reauthorization bill, H.R. 22) by the wide vote margin of 359 to 65.
December 2, 2015 – Congress still appears on track for final action on the long-awaited surface transportation reauthorization bill (H.R.
December 1, 2015 – The final conference agreement on the surface transportation reauthorization bill (H.R. 22) was filed in the House at 2:34 p.m. today. The legislative text of the conference report (the FAST Act, for Fixing America’s Surface Transportation) is here and the text of the joint explanatory statement of the conferees is here.
December 1, 2015 – Transportation negotiators on Capitol Hill hope to file the conference report on the surface transportation reauthorization bill this afternoon, which will make the text of the final agreement public for the first time. House members of the joint conference committee were notified last night that they will be able to inspect a copy of the final conference report starting at 10:30 a.m.
November 30, 2015 – Congressional staff worked through Thanksgiving week (and its bookended weekends) in hopes of finalizing a conference agreement on the surface transportation reauthorization bill (H.R. 22) by tonight. The transportation-related portions of the agreement appear to be finalized.
Congressional staff worked through the weekend trying to resolve differences between the House and Senate versions of H.R. 22, the DRIVE Act. It now appears that, contra to Senate Environment and Public Works chairman Jim Inhofe’s (R-OK) public prediction on November 19 that the senior conferees would be making a “big announcement” on the 20th giving a very broad outline of a deal on a surface transportation bill, no such public announcement on the legislation will likely be forthcoming until Congress returns next week (though the staff will keep working).
November 20, 2015 – House and Senate leaders were tantalizingly close to announcing the broad strokes of a framework for a conference agreement on the surface transportation bill (H.R. 22) today, but since, in conference, nothing is agreed to until everything is agreed to, disputes over parts of the bill in one committee’s purview have bled over into parts of the bill under other committee jurisdiction.
November 18, 2015 – Transportation funding legislation will take big steps forward in two different venues today, as the joint House-Senate conference committee on the surface transportation reauthorization bill (H.R. 22) holds its first (and likely only) public meeting today at 10 a.m.
November 16, 2015 – What appears to be a busy news week on the transportation front actually started last Friday evening. Just after 6 p.m. last Friday, House Majority Leader Kevin McCarthy (R-CA) made public what ETW has been saying for some time – that another short-term extension of Highway Trust Fund programs past November 20 will be necessary.