Posts Tagged "Senator Corker"
Senate passes plan to postpone transportation insolvency to the end of the year, sends it to House
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.
Senate poised to take up House plan to patch Highway Trust Fund until Spring 2015
Sometime this week the Senate is expected to take up and vote on the House’s bill to postpone the insolvency of the Highway Trust Fund until May of 2015 via an array of accounting maneuvers to cover ten months of transportation funding.
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.
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.
Support the Senate’s bipartisan plan to raise the gas tax
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.
Favorable responses and coverage for the bipartisan Senate plan to raise the gas tax
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 unveil bipartisan plan to rescue the federal transportation program by raising the gas tax
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.
T4America statement in support of Senate proposal to rescue the federal transportation program with a 12-cent gas tax increase
T4America statement in support of Senate proposal to rescue the federal transportation program with a 12-cent gas tax increase
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