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.

$1.5T Omnibus Bill Sets Regular USDOT Budget at $104B for FY 2022

At 1:30 a.m. this morning, the text of the $1.5 trillion omnibus appropriations package for fiscal 2022 was posted online. The House...

Time Running Out As CR Deadline Approaches, Administration Asks $33B in Emergency Funds

By Monday evening, we should know if Congress will be able to meet its March 11 deadline for providing additional appropriations to...

Administration Predicts HTF Will Need Additional Bailout Before End of IIJA

This afternoon, the Treasury Department released the quarterly Treasury Bulletin for March 2022, which contains the first Treasury-OMB...

Links to the Text of Major Highway and Mass Transit Authorization Laws

Links to the Text of Major Highway and Mass Transit Authorization Laws 2021 IIJA (Infrastructure Investment and Jobs Act), a.k.a....

House Subcommittee Explores IIJA Impact On Small Businesses

To paraphrase the classic musical “Annie Get Your Gun,” there’s “no business likes small business.” At least, that’s what...

Government Shutdown Averted (Again), Deadline Pushed to March 11

Yesterday, the U.S. Senate passed the three-week extension of the stopgap spending bill that is funding the government and which...

Case Study: How Inflation Can Nullify Transportation Funding Increases

If you follow economic news, the last few weeks have seen unsettling signs of inflation. On February 10, it was announced that the...

DOT, Energy Release Rules for National EV Charging Program

Yesterday, the U.S. Departments of Transportation and Energy released their initial guidance and rules for the $4.2 billion in formula...

House Extends CR to March 11 As Leaders Strike Secret Spending Deal

This week, Congressional leaders struck a bipartisan – but secret – deal on the ground rules for legislation finishing out the...

Vulnerable Senate D’s Propose $20B Gas Tax Holiday

With high gas prices much on the mind of voters, a group of Democratic Senators led by Mark Kelly (D-AZ) and Maggie Hassan (D-NH) this...

Yet Another FY 2022 CR Almost Certain Now – But For How Long?

Next week appears to be the make-or-break week for the dealmaking on the fiscal 2022 spending bills, ahead of a February 18 government...

FTA Releases Part-Year Transit Formula Funding for FY 2022 Under CR

The Federal Transit Administration yesterday released $5.9 billion in partial-year aid to transit providers for fiscal year 2022 from...

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