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.

FTA Gives Some Small Start Projects $250M in COVID Funding

The Department of Transportation announced on June 11 how the remaining $250 million of the March 2021 American Rescue Plans's $1.7...

21 Senators Sign On To $579B Infrastructure Plan

A large bipartisan group of Senators on June 16 announced an agreement on a two-page framework to spend $579 billion above current...

House Starts FY22 Appropriations Process, Deeming 9.5 Percent Funding Increase

The annual appropriations process for fiscal 2022 will start next week, now that the House Appropriations Committee has been given a...

Senate Safety & Rail Titles of Surface Reauthorization Released

Yesterday afternoon, the chairman and ranking minority member of the Senate Commerce, Science and Transportation introduced a...

House To Vote on Surface Transportation Reauthorization by July 1

Yesterday morning, the House Transportation and Infrastructure Committee approved a five-year, $548 billion surface transportation...

House vs Senate Highway Apportionment Comparison

Both the House and Senate highway bills would distribute the vast majority of total Federal Highway Administration funding to the...

Senate Hearing Shows Bipartisan Support for Rural Transit

While most recent infrastructure debates seem to be Republicans arguing for more highway funding and Democrats advocating for increased...

T&I Panel Advances $548B Surface Bill After 19-Hour Markup

The House Transportation and Infrastructure Committee began marking up H.R. 3864, the INVEST in America Act, at 10 a.m. yesterday, and...

Revised Version of House Democratic Transportation Bill to Be Marked Up Tomorrow

Yesterday, the chairman of the House Transportation and Infrastructure Committee released a revised version of the INVEST in America...

Biden, Senate Republicans Can’t Stop Talking

President Biden spoke on the telephone today once again with Sen. Shelley Moore Capito (R-WV), the head negotiator for Senate...

House Democrats Introduce $547B Surface Bill; Markup Next Week

House Democrats today introduced a five-year, $547 billion surface transportation reauthorization bill, the “Investing in a New...

President Biden’s First Budget: An Overview

When the fiscal 2022 federal budget was (finally) released last Friday, I of course spent the first few days (Memorial Day weekend)...

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