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.

With Budget Total Set, 2016 Appropriations Process Can Now Begin

April 2, 2015 Although both chambers of Congress are taking a two-week recess right now, this week marks the start of the period...

Senate Passes FY16 Budget After 16-Hour “Vote-a-Rama” Session

April 2, 2015 The Senate passed its fiscal 2016 budget plan (S. Con. Res. 11) in the wee hours of Friday morning, March 27, after a...

Administration Re-Releases GROW AMERICA Bill Text

April 2, 2015 The Obama Administration this week submitted the legislative text of a slightly revised version of the GROW AMERICA...

Section-by-Section Summary of S. 808, the Senate STB Reauthorization Bill, As Reported

SECTION-BY-SECTION SUMMARY OF S. 808, SURFACE TRANSPORTATION BOARD REAUTHORIZATION ACT OF 2015 The bill redesignates...

Ways and Means Chairman Indicates Short-Term HTF Extension In the Offing

March 26, 2015 Congress is taking the next two weeks off for the traditional Easter-Passover District Work Period. When they return...

House Passes FY16 Budget; Senate Still Debating

March 26, 2015 It’s budget week on Capitol Hill - the House and Senate are considering the annual budget blueprints on the floors...

CBO Says GROW AMERICA Grows Much More Slowly Than USDOT Says

March 19, 2015 Last week, when the Congressional Budget Office (CBO) released its re-estimate of the President’s budget request...

CBO Releases Details of HTF, AATF Future Tax Receipts

March 19, 2015 Buried within the supporting data of the Congressional Budget Office’s new baseline are the detailed assumptions...

Road Builders Propose Political “Offset” For 15 Cent Gas Tax Increase

March 19, 2015 Last week, the American Road and Transportation Builders Association made an interesting proposal to make a gasoline...

House and Senate Chairmen Release FY16 Budget Plans

March 19, 2015 The chairmen of the House and Senate Budget Committees released their budget blueprints for fiscal year 2016 and the...

Treasury Releases 5-Year Projections For Other Trust Funds

March 11, 2015 The President’s budget, released last month, gave long-term cash flow forecasts for the largest federal trust fund...

Congressional Estimating Body Says White House Tax Plan Not Enough To Pay For GROW AMERICA

March 11, 2015 The tax estimating body used by Congress has determined that the President’s proposed funding offset for the GROW...

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