Stories tagged with finance

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Rethinking the gas tax: Suddenly it’s the theme of 2013
January 31, 2013
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Is the per-gallon gas tax going the way of the full-service filling station? To look at the flurry of proposals coming out lately, you might think so. Since the start of the year, major new proposals from industry leaders, governors and state legislatures have sparked a new debate over the ways we collect revenue collection for transportation — at the federal, state and local levels. Industry groups have proposed creative ways to essentially raise the gas tax. At the same time, 2013 already has seen several ambitious proposals for funding transportation outside of the excise tax on gas.

Sec. LaHood: Any new money will come with reform
June 4, 2009
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We said yesterday that “we need a federal transportation system that works, not the same broken thing at twice the price.” It appears that the U.S. Department of Transportation Secretary Ray LaHood and the administration agrees pretty strongly with that sentiment. During a hearing today in front of the transportation panel of U.S. House Appropriations Committee, LaHood made a clear, concise point on linking more funding to accountability and performance measures.

Highway Trust Fund could need as much as $17 billion to stay in the black
June 3, 2009
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News broke yesterday that the Obama administration is telling Senators that the Highway Trust Fund — that pays for the projects approved in the transportation bill — will go broke by August if an emergency infusion of at least $7 billion isn’t approved. The system is broke, but it’s also broken. We need a federal transportation system that works, not the same broken thing at twice the price.

Today’s Headlines — 06/02/09
June 2, 2009
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With revenue for federal transportation falling fast, lawmakers face a major challenges in funding the next transportation bill. (The Hill) The New York Times reviews a new book on how cyclists are altering the landscape of American cities. Southern Florida’s Tri-Rail system faces major cuts and the possibility of being completely shut down by 2011. [...]

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