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.

Debt Limit Likely to Be Increased Next Week, Allowing HTF Bailout to Be Processed

The latest debt ceiling crisis will be solved by the middle of next week, without having to delay the latest bailout transfer of the...

Wheels of Fortune: A Centennial Institute Recap

While reforming surface transportation funding and financing is an evergreen topic in federal Washington, major events over the last...

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...

The States Benefiting the Most From the Infrastructure Deal

“The formula story is a ridiculous, yet sad one,” says Jeff Davis, a senior fellow at the Eno Center for Transportation, a...

How the House spending bill funds additional infrastructure

The five years of funding in the infrastructure law, as tallied by Jeff Davis, would flow to states and be shaped by local needs,...

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...

Infrastructure Act Focus Shifts to Rolling Out the Funds

Jeff Davis, Eno Center for Transportation senior fellow, says that $59 billion in apportioned 2022 highway funding—up $13.8 billion,...

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...

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