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.

Senate CR Vote Set for Monday, Debt Limit Likely to Be Split Off

The Senate has set a showdown vote for 5:30 p.m. on Monday, September 27 on a stopgap continuing resolution for fiscal 2022 that also...

House to Debate Infrastructure Bill Monday, with Possible Reconciliation Bill Later in the Week

House Majority Leader Steny Hoyer (D-MD) announced to the House this afternoon that "On Monday, September 27, pursuant to the Rule...

Deadlines Start Catching Up with Congress Next Week

After a very slow month, Congress will have to making moves next week to pass some key fiscal policy legislation next week, staring...

White House Shows Flexibility on Taxes on Under-400K Earners

The Biden Administration opened the door this week to increases in excise tax increases on persons making under $400,000 per...

How Long Can the Highway Trust Fund Go Without Another Bailout?

The Federal Highway Administration briefed states last month on new procedures that would be used in the even that the cash balance in...

T&I Leaders Unveil $57 Billion Budget Reconciliation Spending Plan

The chairman of the House Transportation and Infrastructure Committee, Peter DeFazio (D-OR), has released the "chairman's mark"...

30 Years Ago: The Failure of the “Nickel for America”

(I meant to revisit this on August 1, on the 30th anniversary of the event, but the rollout of the bipartisan infrastructure bill...

National links: forget yard signs. The latest political statement is… walking?

According to Jeff Davis of the Eno Center, transit money was traded away in exchange for lower highway funding levels, and then...

The Infrastructure Bill’s Twin 2027 Problems

As of this writing, it appears likely that the bipartisan infrastructure bill will be the law of the land by October 1 and will...

Breaking Down the $3.5 Trillion Budget Reconciliation Plan

Now that both chambers of Congress have agreed to the same version of S. Con. Res. 14, the budget resolution for fiscal 2022, the...

How Transit Got Traded Away in the Bipartisan Infrastructure Deal

How did additional funding for public transit go from $85 billion (really $110 billion) in President Biden's American Jobs Plan, down...

House Passes Budget, Sets Sept. 27 As Passage Deadline for Bipartisan Infrastructure Bill

By a perfectly attended party-line vote of 220 to 212, the House of Representatives has adopted a special rule (H. Res. 601) that...

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