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.

New Aviation Fees Requested In New Transportation Security Budget

February 4, 2015 This week, the Obama Administration submitted a budget request for $7.15 billion in gross funding for the...

Administration Proposes Revised 6-Year, $478 Billion GROW AMERICA Surface Reauthorization

February 4, 2015 President Obama proposed a six-year, $478.3 billion surface transportation spending plan as part of his fiscal 2016...

President Submits $94.7 Billion FY16 USDOT Budget

February 4, 2015 The budget request for fiscal 2016 for much of the Department of Transportation is hard to separate from the...

Sec. Foxx Testifies Before Senate Commerce

March 5, 2015 The Secretaries of Transportation and Commerce testified before the Senate Committee on Commerce, Science and...

Sec. Foxx, Governors Testify on the Need for Long-Term Surface Reauthorization Bill

January 28, 2015 On January 28, Senate Environment and Public Works committee held a hearing titled “The Importance of MAP-21...

Reps. Hahn, Poe Re-Introduce Freight Fund Legislation

February 19, 2015 Last July, while many transportation enthusiasts were closely watching the unfolding drama of...

House T&I Aviation Roundtable Examines Air Traffic Control Modernization

February 26, 2015 Yesterday, the House Committee on Transportation and Infrastructure’s Subcommittee on Aviation held a roundtable...

House T&I Hears State and Local Perspectives on Surface Reauthorization

March 26, 2015 Last week, the House Transportation and Infrastructure Committee held the second of a two-part hearing series on...

Foxx Testifies At House T&I On Need For GROW AMERICA Act

February 11, 2015 This morning, the House Committee on Transportation and Infrastructure held a hearing on surface transportation...

Recess Is Over

September 8, 2015 Congress returns to the nation’s capital tonight to start off a fall that will see periods of intense activity...

Would the DRIVE Act Spend Federal Funds More Effectively?

It has been six years since the transportation community had the opportunity to mull over a six-year transportation bill written by a...

Carper Introduces 16 Cent Per Gallon Gas Tax Increase In Senate

August 12, 2015 As the Senate was adjourning for the August recess, Senator Tom Carper (D-DE) introduced legislation that would...

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