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.

Manchin Once Again Upends Budget Reconciliation Negotiations

A blowup last night between Senate Majority Leader Chuck Schumer (D-NY) and Sen. Joe Manchin (D-WV), the elusive 50th vote on a...

Appropriations Package With FY23 DOT Funding Headed to House Floor Next Week

The House of Representatives is scheduled to take up the Transportation-HUD appropriations bill for fiscal year 2023 as part of a...

DOT Announces $969M in Airport Terminal Grants

On July 7, the U.S. Department of Transportation announced 91 airport terminal development grants totaling $969 million, from funding...

Just How Big Is a $10 Million Airport Terminal Grant?

In the list announced last week of 91 grants to be made to U.S. airports from the first year of the new Airport Terminal Program's...

Several Major Fiscal Issues Left for Congress in 2022, but Not Much Time

The 117th Congress expires at noon on January 3, 2023. While this appears to be six months from now on a normal calendar, this is a...

Full Committee OKs FY23 Transportation-HUD Funding Bill

Yesterday afternoon, the House Appropriations Committee, by voice vote, approved the bill providing annual funding for the Department...

House Panel Gives $546M Boost to Water Resources Appropriations

The House Appropriations Committee has released a draft bill that increases the regular budget for the U.S. Army Corps of Engineers'...

Inflation Means Biden’s Infrastructure Package Gets Less Bang for the Buck

That means if states have several infrastructure projects lined up on which they want to begin construction at the same time, they may...

Inflation Poses biggest threat to IIJA rollout: U.S. DOT official

“Externally our biggest headwind is the current economic environment,” said Katie Thomson, director of the Bipartisan...

House Appropriators Give USDOT 3.2% Boost in Discretionary Spending for 2023

Late this afternoon, the House Subcommittee on Transportation-Housing Appropriations approved a draft appropriations bill for fiscal...

ETW Funding Tables to Accompany FY 2023 DOT Appropriations – House Version

This is a PDF file of tables and charts to accompany the release of the House Appropriations Committee's draft of the fiscal 2023...

How Did the Administration’s “$4 Billion Substitution” Fare in the House Funding Bill?

The basic outline for the fiscal 2023 discretionary budget proposal for the Department of Transportation, compared with the...

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