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.

DOT, Corps Funding Included in $2T “Minibus” Package Headed for House Vote Next Week

A seven-bill "minibus" package of appropriations legislation for fiscal year 2022, which includes the Transportation-HUD and Energy and...

Debt Limit Complicates This Year’s Fiscal Endgame

As if a 50-50 Senate, a five-seat majority in the House, a bipartisan infrastructure bill written outside the committee process, and a...

Earmark Patterns in the House’s INVEST Act

The Federal Highway Administration has completed its highway funding projections under the INVEST in America Act (H.R. 3684), as passed...

Bipartisan Infrastructure, Budget Plans May (Finally) Take Shape Next Week

This week was supposed to be the week that the big decisions were made and the final details nailed down on the bipartisan...

House Spending Panel OKs $109B FY22 DOT Budget

Earlier this afternoon, the House Appropriations Committee, by a party-line vote of 33 to 24, approved a draft appropriations bill...

House Panel Approves $8.7 Billion in Corps Water Funding (With $2.1 Billion Taken Off-Budget)

Earlier today, the House Appropriations Committee approved a draft bill appropriating $8.7 billion for the Army Corps of Engineers'...

FY22 House USDOT Appropriations Account-Level Table

This is a 3-page PDF file showing every appropriations account in the draft fiscal 2022 Department of Transportation appropriations...

House Passes INVEST Act

Yesterday, the House of Representatives passed H.R. 3684, the INVEST in America Act, as amended, by an almost completely party-line...

Biden Campaigns for Bipartisan Infrastructure Bill (Not House Bill)

President Biden this week went on the road to campaign for the bipartisan infrastructure deal he struck with a small group of Senators...

House Will Let Senate Go First on FY22 Budget Blueprint

House Budget Committee chairman John Yarmuth (D-KY) made it official this week: he is calling off his plans to have his panel mark up a...

House Appropriators Subdivide $1.5 Trillion in FY22 Funding; Transportation-HUD Gets $10.6 Billion Increase

This week, the House Appropriations Committee formally approved its chairman's plan to subdivide $1.5 trillion in new spending...

CBO Issues Official 2021 Baseline

The nonpartisan Congressional Budget Office yesterday issued its official budget baseline for budget year 2022 and the ten year period...

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