Posts Tagged "fiscal cliff"
Crucial transportation projects could be halted if Congress fails to act
Barring congressional action, the nation’s transportation fund will be insolvent later this year and the federal government will be unable to commit to funding any new transportation projects next year. This would have significant impacts on projects that have been planned years in advance across the country.
When the trust fund goes bust: Report shows how much your states and city will lose
Unless Congress adds new revenue to the nation’s transportation trust fund, the federal government will be unable to commit to funding any new transportation projects, depriving states and localities of resources critical to maintaining and improving the infrastructure that makes our economy possible.
How much federal transportation money will your region lose this summer?
The Highway Trust Fund—which provides most of the funding for highway projects in the United States—is slated to run bankrupt later this year. If that happens, the program won’t be able to pay for any new projects next year and many federal transportation projects will come to a grinding halt. What will that mean for […]
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