Funding & Finance

Issues & Modes / Funding & Finance

Federal, state, and local governments all play a significant role in funding $300 billion in annual transportation spending. The federal government supplies important capital funding for highways, transit systems, airports, waterways, and ports while also operating the nation’s air traffic control system. State and local governments have an equally important task to invest in and operate their transportation networks and rely on a broad range of revenue sources, from general revenues and debt, to fuel taxes, fees, and tolls.

The Federal Tax on Driving an Automobile: 1942-1946

In terms of structure and administrative scope, the closest that Congress has ever come to a national road user charge was the tax on...

Inflation Is Cutting into States’ Big Infrastructure Windfall

“It’s still eating away slowly but surely,” said Jeff Davis, a senior fellow at the Eno Center for Transportation, a Washington,...

Senate Committee Hears Private Sector on IIJA Implementation

On Wednesday, November 30 at 10 a.m., building on the work of its IIJA public sector implementation subcommittee hearing two weeks ago,...

With 2 Weeks Left, Appropriators Work Towards Year-End Ominbus Bill

Stopgap appropriations under the current continuing resolution (Public Law 117-180) expire at midnight on December 16, and...

Transition Presents Uncertainty for Appropriations Leaders

At this moment, due to a combination of circumstances including the change in party control of the House, some retirements and...

Transportation at the Ballot Box: A Post-Election Inventory

It’s been just a little over a week since the 2022 midterm elections, and as always, there were quite a few upsets and surprises in...

The Elections and Transportation

An article by Robert Puentes and Jonathan Hammond for the Eno Center for Transportation describes the various ballot measures that will...

USDOT Spent Record $114 Billion in FY 2022

The final Monthly Treasury Statement for fiscal year 2022 revealed that the U.S. Department of Transportation spent a net $113.7...

Higher Interest Rates Could Keep Highway Trust Fund Afloat Another Year After IIJA Expires

Just as The Great Inflation of 1967-1982 holds precedents and lessons that could greatly affect infrastructure spending in the real...

FY23 Highway Funding: Allocated Set-Aside Reaches All-Time High; 33 States Face Vulnerable Road User Penalty

On October 20, the Federal Highway Administration gave states a pro-rated share of fiscal 2023 highway funding permission under the...

U.S. Gasoline Use Hit All-Time High in FY 2022

The volume of motor gasoline in the United States hit an all-time high in the just-completed fiscal year 2022, with oil companies...

DOT Has Issued NOFOs for Almost 2/3rds of FY22 IIJA Competitive Funding

As of the close of this week, the U.S. Department of Transportation has made available almost two-thirds of the estimated $24.9 billion...

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