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.

Congress Still Can’t Leave Without Dealing with Debt Limit

While Congress has now extended the annual appropriations deadline into next February, there is still no clear path in sight for...

Appropriations Stopgap Extended to Feb. 18, Delaying Some Infrastructure Funding Increases

Good news: the government shutdown that was possibly to have started tonight has been averted, thanks to legislation passed by Congress...

Biden Signs Bipartisan Infrastructure Bill Into Law

After a festive November 15 ceremony, President Joe Biden signed the bipartisan infrastructure bill (the Infrastructure Investment and...

List of FY21 RAISE Grants (Capital Only)

This is a PDF of a spreadsheet listing all 63 RAISE grants for capital projects for fiscal year 2021, alpha by state postal code,...

CBO Warns $2.2 Billion in BBB’s Transit, High-Speed Rail Funding Will Never Be Spent

As part of the process of scoring the omnibus budget reconciliation bill (H.R. 5376, a.k.a. Build Back Better, or BBB), the nonpartisan...

House Passes Scaled-Down, $1.9 Trillion Budget Reconciliation Bill, 220-213

This morning, the U.S. House of Representatives passed a budget reconciliation bill (H.R. 5376, the "Build Back Better Act") by a...

How Much Will the Infrastructure Bill Really Add to the Deficit?

When the nonpartisan Congressional Budget Office scored the bipartisan infrastructure bill that President Biden signed into law this...

Highway “Donor States” R.I.P.

President Biden's signature on the Infrastructure Investment and Jobs Act yesterday will open the financial floodgates on a total of...

Year-Long CR Would Threaten First Year of BIB Funding Growth

The heads of the House and Senate Appropriations Committees met this week but failed to make progress on a framework for the fiscal...

Surface Transportation Programs Extended to Dec. 3 While Budget Reconciliation Bill Gets Refined

Last night, the U.S. House and Senate have both agreed to another one-month extension of federal surface transportation funding...

Revised Budget Reconciliation Bill Keeps Transit and HSR Funding, Cuts $18 Billion From Other T&I Priorities

The revised budget reconciliation bill released yesterday afternoon by House Democratic leaders decreases the size of the House...

Senate Spending Plan for FY 2022 Becomes Clear

When the Senate Appropriations Committee released the text of the remaining nine general appropriations bills for fiscal year 2022 on...

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