Congress
Obama criticizes Congress for lack of long-term highway bill
President Obama extended highway funding until late October after signing a three-month patch Congress provided him. But Obama, who proposed his own six-year highway bill earlier this year, expressed his displeasure to reporters in the Oval Office upon signing the… Keep Reading
Congress passes 3-month highway-funding extension
Congress has passed another short-term highway-funding patch and set the table for a long-term bill to be negotiated this fall – after nearly six years without one. Today, the Senate approved an $8 billion extension of federal transportation funding, passed… Keep Reading
Chaos reigns on Capitol Hill
Talk is cheap. And boy do members of the House and Senate like to talk. Especially when it comes to passage of a multi-year highway bill, which aggregate producers and their advocates continuously say would provide them with additional business… Keep Reading
Report: Senate, House Republicans torn on highway bill
Senate Majority Leader Mitch McConnell (R-Ky.) is in favor of passing a six-year highway bill, The Hill reports, but House Republicans want the Senate to pass a five-month highway patch. According to The Hill, which cites a Senate Republican leadership… Keep Reading
Senate’s focus this week: highway funding
The Hill reports that work on a highway bill is expected to dominate the U.S. Senate's work this week, beginning with a procedural vote on Tuesday. The House of Representatives passed a five-month Highway Trust Fund fix last week, but,… Keep Reading
Report: Presidential veto a possibility for next highway patch
Transportation Secretary Anthony Foxx indicated President Obama might veto a Highway Trust Fund patch if Congress passes one before the July 31 expiration of federal transportation funding. According to The Hill, Foxx said Obama plans to wait and see what… Keep Reading
Senate bill would boost business with tax break on equipment, property
Sen. Pat Roberts, R-Kan., introduced legislation to amend the U.S. tax code and make permanent a 50 percent depreciation bonus on new equipment and property purchases. The tax break previously expired. According to a press release, the bill would allow… Keep Reading
Metric provides another reason for long-term funding solution
A Federal Highway Administration report (FHWA) provides new leverage for the passage of a long-term highway bill. In its latest monthly “Traffic Volume Trends” report, which was released near the end of June, FHWA says Americans have driven a record… Keep Reading
Multiyear highway bill emerges
The Senate introduced a six-year, $275 billion bill to fund the federal government's highway program. The bill, called the Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act, appropriates nearly $43 billion per year for transportation spending, The… Keep Reading
