funding News Updates

Government

Sen. Wicker: Figuring Out Funding for 'Really Big' Infrastructure Package 'Will Take Time'

While congressional transportation leaders continue to negotiate a massive infrastructure package, agreement over ways to fund its policy initiatives has not been reached, the leader of the Commerce Committee in the U.S. Senate said May 16.

May 17, 2019
BusinessTechnology

Tesla Raises $2.35 Billion in Boosted Debt, Stock Offerings

Tesla Inc. raised $2.35 billion through debt and stock offerings that expanded from the company鈥檚 initial plans, helping to put some near-term liquidity fears to rest.

May 3, 2019
GovernmentBusinessFuel

Voters Decide Fate of Transportation Funding Measures on State Ballots

Voters demonstrated a reluctance to approve new funding measures but a commitment to securing existing funds for transportation purposes during the Nov. 6 election.

November 8, 2018
GovernmentBusinessTCA

Maryland Bill to Restore Highway User Revenue Poised to Become Law

After years of calling to restore highway user revenue, transportation advocates may see the funding return by fiscal 2020.

April 5, 2018
Government

Indiana Devotes $161 Million in Federal Funds to Rural Infrastructure Projects

The Indiana Department of Transportation announced March 28 that it is directing $161 million it received in federal funds to rural road, bridge and sidewalk projects.

March 29, 2018
Government

Senate Deal Would Avoid Shutdown as Funding Fight Turns to House

Senate leaders announced a bipartisan two-year budget agreement Feb. 7 that would provide nearly $300 billion in additional funding, a step likely to avert a Feb. 9 government shutdown and end a months-long impasse on spending priorities.

February 7, 2018
GovernmentLogisticsTCA

Louisiana Voters OK Measure to Tighten Transportation Spending

Louisiana officials agree that the state鈥檚 roads need fixing. Beyond that, though, they can鈥檛 seem to agree on what to do about it. But they did make some progress earlier this month toward a solution when the state鈥檚 voters approved a constitutional amendment to safeguard any money raised by new gas taxes.

October 24, 2017
GovernmentLogistics

Lawmakers Seek Industry Input on Infrastructure Plan

Missouri鈥檚 chief of transportation will join manufacturing and construction executives to share their perspective with House lawmakers this week about infrastructure projects in need of funding.

October 10, 2017
GovernmentSafetyLogistics

Analysis: An Infrastructure Deal Should Be Easy, But Isn鈥檛

Although Trump made big promises during the campaign and in his first days in the White House, the administration鈥檚 initial plan is for a meager $200 billion spread out over a decade and is reliant on private partnerships.

September 18, 2017
GovernmentSafetyTCA

Missouri Lawmakers Hold Town Hall on Transportation Funding

Missouri legislators will likely consider increasing user fees and placing tolls on existing interstates at state entrances in an effort to increase funding for the Missouri Department of Transportation.

August 2, 2017