Late Tuesday evening, the Senate modified and approved a measure transferring about $8 billion from the general fund to keep the Highway Trust Fund solvent until the end of the year. But because two amendments were made, it’ll return to the House for further action before any final deal can be approved on postponing insolvency of the nation’s transportation program. The House will have to act fast: the long August recess is scheduled to begin in just three days.
The Senate Finance and House Ways and Means committees today each passed similar short-term patches to keep the Highway Trust Fund in the black at least through early 2015. If adopted by the full House and Senate, the move to transfer $10.8 billion to the trust fund will avert immediate disaster, but there’s still heavy work needed to find a long-term funding solution.
“They’re gonna need to see this upstairs.” That’s what staff at the U.S. Department of Transportation told Smart Growth America president Geoff Anderson yesterday when he showed up with 1,500 letters from T4America and Smart Growth America supporters urging USDOT to improve their targets for reducing the number of deaths and serious injuries on our streets and to better hold states accountable for reaching those goals.
The Senate Finance Committee plan to rescue the nation’s transportation fund through the end of the year took a slight detour today as Chairman Wyden (D-OR) made some key changes and deferred debate on potentially contentious amendments in the name of trying to reach bipartisan agreement.
After months of hearing from mayors and business leaders and citizens and people of all stripes who are worried about the looming bankruptcy of our transportation fund, a key Senate committee is taking up a temporary fix to the trust fund. But Congress still must find a long-term solution to save our nation’s transportation fund. Two Senators have offered that solution, and it’s time to support that plan.
Senators Chris Murphy (D-CT) and Bob Corker (R-TN) today announced their bipartisan plan to raise the nation’s gas tax by 12 cents over two years to rescue the nation’s Highway Trust Fund, which is headed for insolvency before the end of the summer.
The annual transportation (and housing) appropriations bill adopted Thursday by Senate appropriators contains some good news for transportation. But as in years past, it provides more money than the House’s version, setting the stage for contentious negotiations that could erase gains for key programs — especially competitive grants and new transit construction. Senate appropriators also noted that if the trust fund goes bankrupt, as it is projected to do as soon as next month, there won’t be any money to appropriate.
A new bill introduced yesterday would give Local communities across the country greater access to federal transportation funds to invest in their homegrown transportation plans and projects — answering one of the most consistent requests we hear from our coalition of local leaders and officials across the country.
Reps. Rodney Davis and Dina Titus step up to meet burgeoning demand for more local transportation funding
Yesterday, Rep. Rodney Davis (R-IL) announced a new bill to give local communities across the country greater access to federal transportation funds they can invest in innovative projects to boost local economies via a new in-state competitive grant program.