Posts Tagged "senate"
A House proposal to shore up the transportation trust fund through May, 2015, is a good news, not-so-good news proposition. Late yesterday, House Ways and Means Chairman Dave Camp (R-MI) proposed a $10.8 billion infusion to cover a looming deficit in the Highway Trust Fund. The money for the next few months would come mostly […]
The Senate Finance Committee Thursday will take up a proposal from Chairman Ron Wyden (D-OR) to keep the Highway Trust Fund solvent through Dec. 31 with a $9 billion transfer from the general budget. The needed revenue would be raised by increasing the allowable tax on heavy trucks and four accounting maneuvers unrelated to transportation.
As soon as Senators Murphy and Corker introduced their bipartisan plan yesterday to raise the gas tax by 12 cents, supportive statements starting flowing in and media outlets quickly picked up the news.
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.
Suddenly, transportation funding is the topic de jour.
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.
Most taxpayers would agree that the level of government closest to the people should have more control over how transportation dollars get spent in their local communities. Yet local cities, towns and counties control less than 15 percent of all federal transportation dollars.
Now that the Environment and Public Works Committee has passed the highway title of the Senate’s next transportation bill, attention shifts to three other committees writing remaining portions of the bill. Last week the Commerce Committee held a hearing on “local perspectives on moving America”, including testimony from T4America’s John Robert Smith, the former mayor of Meridian, MS.
T4America thanks Senators Cory Booker and Roger Wicker for their proposal to give local communities greater access to transportation funds
“On behalf of Transportation for America, its members and affiliates and local elected and business leaders, I want to thank Sen. Wicker and Sen. Booker for their leadership today in fighting for the transportation priorities of cities and towns across the country,” said James Corless, director of Transportation for America.