July 7, 2014 – According to NSSGA, the Senate Finance Committee is targeting this week to decide on how to temporarily fix the Highway Trust Fund. The Congressional Budget Office estimated June 27 that the Highway Trust Fund will require a $6.6 billion infusion of cash to continue uninterrupted payouts to the states through the end of the year and…
Read MoreTag: Highway Trust Fund
The People Have Spoken
American families heading out for their summer vacation are in for a rude awakening. There is a good chance they are going to lose the family minivan in a pot hole the size of a meteor crater.
Read MorePCA Analysis Corrects Corker-Murphy Proposal Projections
Sens. Bob Corker (R-Tenn.) and Chris Murphy (D-Conn.) announced a plan calling for an increase in federal gasoline and diesel taxes to shore up the Highway Trust Fund (HTF) and prevent a potential nation-wide road construction work stoppage. According to initial reports, the taxes will generate $164 billion increase in HTF revenues.
Read MoreSenators Offer Bold Plan to Increase Gas Tax
U.S. Senators Bob Corker (R-Tenn.) and Chris Murphy (D-Conn.) unveiled the first bipartisan proposal to shore up the Highway Trust Fund by making changes to the federal motor fuels tax, which funds improvements to roads, bridges and transit systems. The proposal would create a long-term, stable funding mechanism for the Highway Trust Fund and enact tax relief for American families…
Read MoreVoicing Approval
June 20, 2014 – Our associations are hitting it hard. The Highway Materials Group commended Senators Chris Murphy (D-Conn.) and Robert Corker (R-Tenn.) on their bipartisan proposal to ensure funding of the nation’s surface transportation system into the future by increasing the federal motor fuels tax by 12 cents.
Read MoreDeFazio Introduces Transportation Funding Bill
Rep. Peter DeFazio (D-Ore.), a senior member of the House Transportation and Infrastructure Committee, introduced legislation that would save the Highway Trust Fund from insolvency.
Read MoreYoung Guns Work for the Future
June 15, 2014 – More than 50 “young guns” in the transportation design and construction industry took part in an intensive “boot camp” introduction to the federal legislative and regulatory processes, and then descended on Capitol Hill last week to press their members of Congress to fix the Highway Trust Fund (HTF) and pass a long-term surface transportation bill. They…
Read MorePeter DeFazio
Rep. Peter DeFazio (D-Ore.), a senior member of the House Transportation and Infrastructure Committee, detailed at the Rally for Roads new legislation that would save the Highway Trust Fund from insolvency. HR 4848,“The Repeal and Rebuild Act,” is a long-term solution that he said would create American jobs, fix the nation’s crumbling infrastructure, and finally break our transportation funding impasse.…
Read MoreRally for Roads Features NSSGA Members
The Transportation Construction Coalition (TCC) Fly-In and third Rally for Roads was held June 11 in Washington, D.C., and featured numerous members of the National Stone, Sand and Gravel Association (NSSGA). The Rally for Roads was intended to highlight the need for Congress to address the anticipated insolvency of the Highway Trust Fund, which could occur as early as mid-July. Congress must pass a…
Read MoreClock is Winding Down for Highway Bill
It is getting to be “situation critical” for passing a new highway bill. On the heels of the Obama Administration’s Grow America Act, the Senate Environment and Public Works Committee unanimously approved S.2322, the MAP-21 Reauthorization Act, a long-term bipartisan bill to reauthorize the nation’s transportation programs for six years at current funding plus inflation, illustrating broad bipartisan support for…
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