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.

OMB Does Not Request Highway, Transit Fixes in FY20 CR

The White House Office of Management and Budget sent its list of requests for special treatment in the forthcoming stopgap continuing...

FHWA Gives Final $4 Billion in FY19 Highway Obligation Authority to States

The Federal Highway Administration has given an additional $4.0 billion in use-it-or-lose-it highway funding authority to state DOTs...

The First Time the Highway Trust Fund Went Broke – Part 2: Ike Requests a 50% Gas Tax Increase, Which No One Likes

Part 1 of this look back at the September 1959 Highway Trust Fund bailout and contemporaneous motor fuels tax increase revealed how the...

CBO Update Shows Little Change in HTF Projections

August 23, 2019 This week, the nonpartisan Congressional Budget Office released its annual August update to its annual Budget and...

The First Time the Highway Trust Fund Went Broke – Part 1: the 1958 Highway Act Makes Spending Unsustainable

August 21, 2019 Everyone who habitually reads ETW knows that the federal Highway Trust Fund went bankrupt in September 2008 and has...

CBO To Release Updated HTF Forecast August 21

The Congressional Budget Office is scheduled to release its annual summer update to its Budget and Economic Outlook on August...

FRA Asks for Applicants for $244M in FY19 Rail Grants

This week, the Federal Railroad Administration announced the availability of $252.5 million in fiscal year 2019 funding for rail...

Appropriations Work Continues (Behind the Scenes) Over August Recess

It may be a quiet Congressional recess in most places around the nation's capital, but work continues in some circles on the fiscal...

After Highway Bill Markup, Still No Path Forward on Finding Revenue

The July 30 markup of the highway reauthorization bill by the Senate Environment and Public Works Committee left stakeholders with a...

Senate Adjourns for 5 Weeks After Clearing Budget Deal, Nominees

A week after the House of Representatives left town for the remainder of the summer, the U.S. Senate followed suit today, after...

Senate EPW Committee Approves 5-Year Highway Bill

This morning, the Senate Environment and Public Works Committee approved, by a 23 to 0 vote, a five-year highway program...

Summary of S. 2302, America’s Transportation Infrastructure Act of 2019. As Reported from Committee

Updated August 1 Assembled by Paul Lewis, Alice Grossman, Christopher Oster, and Jeff Davis of the staff of the Eno Center for...

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