
The Senate Environment and Public Works Committee’s highway bill picks up on the reforms initiated by its predecessor, MAP-21, and proposes modest funding for a six-year program. The committee calls for current funding levels plus inflation, compared to the $302 billion, four-year program proposed by the Obama administration.
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The to-and-fro over highway funding continued in the Senate Wednesday with Transportation Secretary Anthony Foxx politely deflecting Sen. John Thune’s attempt to get the Obama administration to say it would accept a fuel tax increase.
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Could Congress save the Highway Trust Fund by getting rid of the federal fuel tax? Two members of the Senate Finance Committee expressed strong interest in how Virginia solved its infrastructure funding crisis by replacing its per-gallon tax with a wholesale levy on fuel.
Read More →Remember the "fiscal cliff" and what a political fiasco that was? Well, a major political news and analysis website is predicting that dealing with the highway funding crisis in an election year is going to be just as bad.
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The Obama administration put down its marker for the next highway program with the GROW America Act, a $302 billion, four-year bill funded by a one-time infusion from a change in the corporate tax code. The House and Senate are working on their versions with no word yet on how they will pay for them, although the Senate Finance Committee will hold a hearing May 6: New Routes for Funding and Financing Highways and Transit.
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UPDATED -- The American Trucking Associations is calling on the Obama administration to focus on what it says are “the real challenges, and real solutions, to the nation’s infrastructure funding woes.”
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UPDATED -- U.S. Transportation Secretary Anthony Foxx on Tuesday unveiled a long-term transportation bill he is sending to Congress for consideration as the House and Senate face looming deadlines to avoid the Highway Trust Fund running out of money this summer, but at least one part of it will likely draw controversy.
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Another warning about infrastructure funding: 63,000 of the nation’s bridges are structurally compromised and at risk of not being repaired unless the Highway Trust Fund is preserved, says the American Road and Transportation Builders Association.
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Sen. Tom Carper, D-Del., is a longtime supporter of raising federal fuel taxes to pay for highways and will float that idea with his colleagues as they draft the next highway bill. Carper sees a gradual fuel tax increase as a fiscally responsible approach to highway funding but is open to other ideas as well, according to his office.
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Anthony Foxx is on the road this week emphasizing the importance of infrastructure funding, with the Obama Administration concerned about the ability to pass a new long-term highway funding authorization before two key deadlines.
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