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Posts Tagged ‘Highway Trust Fund’

Alabama: Top 50 Projects to Support Economic Growth and Quality of Life

Wednesday, March 9th, 2016

While the modest funding increase and certainty provided by the FAST Act are a step in the right direction, the funding falls far short of the level of needed to improve conditions and meet the nation’s mobility needs and fails to deliver a sustainable, long-term source of revenue for the federal Highway Trust Fund.

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Highway Boondoggles 2: More Wasted Money and America’s Transportation Future

Friday, January 22nd, 2016
Figure ES-1. Federal Highway Trust Fund Highway Excise Tax and User Fee Revenues and Highway Expenditures, 2000-2013 (actual) and 2014-2025 (projected)

America is in a long-term transportation funding crisis. Our roads, bridges and transit systems are falling into disrepair. Demand for public transportation, as well as safe bicycle and pedestrian routes, is growing. Traditional sources of transportation revenue, especially the gas tax, are not keeping pace with the needs. Even with the recent passage of a five-year federal transportation bill, the future of transportation funding remains uncertain.

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AASHTO TV: The Pros and Cons of the FAST Act

Tuesday, December 8th, 2015
AASHTO TV: The Pros and Cons of the FAST Act

Congress has approved Fixing America’s Surface Transportation Act (FAST Act) – the first long-term highway and transit program authorization in a decade –giving state DOTs the certainty to plan and implement significant investments in the nation’s aging infrastructure. In this Transportation TV Exclusive American Association of State Highway and Transportation Officials Executive Director Bud Wright and AASHTO Chief Operating Officer Jim Tymon react to the historic legislation. Wright and Tymon rely on their years of transportation policy expertise to examine the highlights and downsides of the FAST ACT.

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Beyond Repair? America’s Infrastructure Crisis Is Local

Friday, October 30th, 2015
Figure 1. Federal Aid vs. Nonfederal Aid Mileage

While states own a large portion of highly traveled roads, such as interstate highways, local governments are responsible for the majority of roadway mileage. Counties and municipalities, including minor civil divisions such as townships, are responsible for 3.1 million miles of roads and streets. Only 430,000 miles (14 percent) of these are part of the federal aid system. The remaining 2.7 million (86 percent) are nonfederal aid. By contrast, 72 percent of the 780,000 miles of state-owned roads are in the federal aid system (Figure 1).

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Multi-year Highway Bill Facing Continued Uncertainties

Thursday, October 8th, 2015

Innovation Newsbriefs
Vol. 26, No. 7 (update)
Those who have hoped to see an end to the seemingly endless series of short-term extensions and looked forward to a passage of the long- awaited multi-year transportation bill this year, may have to wait a bit longer. While the Senate has managed to pass its version of a six year bill (though only with enough funding for three years and employing questionable “pay-fors.”) the House Transportation and Infrastructure committee is still waiting to hear from the Ways and Means Committee concerning the funding of its proposed bill, an issue that threatens to delay committee markup and floor action past mid- October according to congressional sources.

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The Highway Bill: A Realistic Appraisal of its Year-End Prospects

Tuesday, August 4th, 2015

Innovation Newsbriefs
Vol. 26, No. 7
Congress has approved and the President has signed a three-month extension of the federal highway program through October 29 —but with enough funding ($8 billion) to keep the Highway Trust Fund solvent through December. When the lawmakers reconvene in September, attention will shift to the bigger struggle over how to craft and pay for a long term highway bill.

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Guest on The Infra Blog: Terry O’Sullivan, General President, Laborers’ International Union of North America (LIUNA)

Thursday, July 30th, 2015
Terry O

Terry O’Sullivan became the tenth General President of the Laborers’ International Union of North America (LIUNA) on January 1, 2000, and is dedicated to growing his union’s membership and market share.

“I think the American public is willing, ready, and able to have that conversation. It’s been too many in Washington DC that have been licking their fingers and seeing which way the winds are blowing, that have been afraid to have that conversation.”

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Senator John Thune (R-SD): Why Americans Need a Long-Term Transportation Solution

Thursday, July 30th, 2015
Senator John Thune (R-SD): Why Americans Need a Long-Term Transportation Solution

U.S. Sen. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, urges his colleagues to pass a long-term transportation bill to fund our nation’s highways, roads, and bridges and provide certainty to Americans whose jobs rely on a reauthorization.

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A Lasting Solution to the Transportation Funding Crisis

Monday, July 13th, 2015

Innovation Newsbriefs
Vol. 26, No. 6
Trust Fund spending could be curtailed by progressively shifting funding responsibilities for local transportation to the States and localities and limiting Trust Fund expenditures to projects and programs that represent core federal responsibilities or are of truly strategic or national significance.

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Options for Paying for Highway Spending

Tuesday, July 7th, 2015
Spending for Highways and Transit, by Level of Government, 1956 to 2014

…with its current revenue sources, the Highway Trust Fund cannot support spending at the current rate. The Congressional Budget Office estimates that spending in fiscal year 2015 for highways and transit programs funded from the Highway Trust Fund will be $44 billion and $8 billion, respectively, whereas revenues collected for those purposes are projected to be $34 billion and $5 billion, respectively. By CBO’s estimate, at the end of fiscal year 2015, the balance in the trust fund’s highway account will fall to about $2 billion and the balance in its transit account will be about $1 billion.

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