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.

House Clears $2+ Trillion Coronavirus Aid Package for President’s Signature

The House of Representatives has passed the $2+ trillion third coronavirus response bill (H.R. 748, as amended) – and passed it by a...

COVID-19 Lessons for Congestion Pricing

Travel within major U.S. metropolitan areas has all but stopped with at least 20 percent of the population under virtual lockdown....

The “CV3” Bill’s $1 Billion for Amtrak – How Would It Work?

The third coronavirus response bill appropriates $1.018 billion from the general fund of the Treasury for two grants to Amtrak "to...

The “CV3” Bill’s $32 Billion for Air Carrier Grants – How Will It Work?

The third coronavirus response package being passed by Congress this week appropriates $32 billion from the general fund of the...

The “CV3” Bill’s $25 Billion in Mass Transit Grants – How Will It Work?

The third coronavirus response bill appropriates $25 billion from the general fund of the Treasury  "to remain available until...

Final Version of $2 Trillion COVID Response Bill Has $114 Billion for Transportation

5:40 a.m. 3/26/2020 update: Earlier this morning, the Senate passed H.R. 748, as amended with the coronavirus aid package, by a vote of...

Senate COVID Bill Stalled; House Plan Would More than Double USDOT Appropriations

4:45 p.m. The Senate is still stuck in a partisan logjam over its coronavirus response legislation, having failed again this...

Revised Coronavirus Bill Includes $20 Billion for Mass Transit, $10 Billion for Airports, $58 Billion in Loans for Airlines

A revised version of the trillion-dollar-plus coronavirus response bill circulated by Senate Republicans this morning, after a long...

McConnell Aims to Bring Trillion-Dollar Coronavirus Stimulus Bill Up for Senate Vote on Monday

Senate Majority Leader Mitch McConnell (R-KY) said this afternoon that he hopes that the Senate will be able to vote on a...

Surface Transportation Aid Requests Mount

Requests for federal aid to the surface transportation sector increased this week, with state DOTs asking for almost $17 billion in...

The Coronavirus’ Impact on Aerospace Manufacturing

The COVID-19 crisis brought into sharp relief the critical importance of aviation and aerospace to the American economy. Travel...

Initial McConnell Stimulus Offer to Democrats Includes $58 Billion in Airline Loans but No Airport, Transit Aid

Senate Republicans unveiled their $1 trillion economic stimulus proposal late this afternoon – around $500 billion to write two...

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