Rep. Earl Blumenauer (D-Ore.), a member of the influential House Budget Committee, has been calling for increasing the federal gas tax to fund large-scale transportation infrastructure projects for several years.
July 2, 2014GovernmentBusiness
House Ways and Means Panel OKs Highway Trust Fund Plan
Follow live coverage of the House Ways and Means Committee's聽hearing聽to consider a short-term fix to the Highway Trust Fund crisis.
July 7, 2014GovernmentBusiness
Obama Calls on Congress to Address Highway Trust Fund Crisis
President Obama chided Congress July 1 for not addressing the crisis in the Highway Trust fund, saying that further inaction could close down highway projects and endanger tens of thousands of jobs.
July 1, 2014GovernmentBusiness
Senate Panel Drops Truck Tax, Postpones Vote On Trust Fund Bill
The leaders of the Senate Finance Committee said on June 26 they will plan to meet during the week of July 7 to consider a short-term patch for a cash-strapped highway account.
June 26, 2014Business
Texas Highway's Developers Struggle to Pay Bank Loans
The road with the highest speed limit in the nation 鈥 state Highway 130 in Texas 鈥 may be making headlines again, this time for its developer going broke, possibly, at some taxpayer expense.
June 26, 2014Business
Senate Panel Discussed Highway Trust Fund Patch
The Senate Finance Committee聽discussed聽measures June 26 to help boost the Highway Trust Fund, which is in danger of running dry by August.
June 26, 2014GovernmentBusiness
Sen. Carper to Propose Gas Tax Increase at June 26 Trust Fund Hearing
Sen. Tom Carper (D-Delaware) said he plans to propose an increase to the national gas tax as a way to generate money for transportation projects when the Senate Finance Committee meets to advance a short-term boost for a federal highway account.
June 25, 2014GovernmentBusiness
Sen. Boxer Backs Democrats鈥 Trust Fund Patch, Urges Action On Highway Funding
The Senate鈥檚 top transportation leader expressed her support for a $9 billion plan to provide a short-term funding boost for a federal highway account, a day before a Senate committee鈥檚 consideration of the plan.
June 25, 2014GovernmentBusiness
Sen. Corker: Wyden's Trust Fund Plan a 'Complete Sham'
The Senate Republican co-sponsoring a proposal to raise the national tax on motor fuels called a bill that would provide a short-term boost for a cash-strapped federal highway account a 鈥渃omplete sham,鈥 signaling the lack of GOP support for the legislation ahead of its June 26 committee consideration.
June 25, 2014GovernmentBusiness
Sen. Wyden Proposes Increase to Truck Tax for Trust Fund Short-Term Fix
The chairman of the Senate Finance Committee offered a draft proposal June 24 that would increase a tax on heavy trucks as a means of keeping the federal highway account solvent through the end of the year.
June 24, 2014