Posts Tagged "Senate Finance"
Congress kicks into high gear on transportation — let’s summarize the action
During an extremely busy week in the Senate in several key committees, a long-term transportation bill was introduced and approved, a bill to invest in and begin upgrading our nation’s passenger rail system was approved, Senate financiers continued discussing possible ways to keep our nation’s transportation fund afloat, and appropriators restored one cut to key transportation program made by the House — though not all, unfortunately.
With GOP victories, SAFETEA-LU team in line to chair Senate committees
With last night’s election, both the Senate and House will see leadership changes in key transportation committees. With the nation’s transportation funding source running near empty and the current law, MAP-21, expiring in the spring, these new committee leaders will have an opportunity to make an impact in the very near term.
Senate, House committees approve short-term rescue of trust fund; long-term solution still needed
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.
Attempts for bipartisanship slow down Senate Finance plan for short-term trust fund fix
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.
Senate Finance Committee considers a trust fund stopgap, with long-term funding unclear
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.
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