highway funding
Obama signs 5-year, $305B highway bill into law
President Obama signed the five-year, $305 billion highway bill Friday that Congress passed one day earlier. The bill, called the Fixing America's Surface Transportation (FAST) Act, represents the first long-term national transportation spending package since SAFETEA-LU expired in 2009. "This… Keep Reading
House set to vote on $286 billion highway bill
After having been without a long-term highway bill since 2009, the U.S. aggregates industry will likely get its wish for substantial federal highway funding, perhaps as early as this week. Media reports have put the total value of the five-year… Keep Reading
Highway patch makes progress, passes Senate
A measure that extends highway funding for two weeks has passed both the House and Senate. Now, the measure awaits President Obama's signature. Assuming Obama signs the measure, federal transportation spending would be extended until Dec. 4. Legislators say this… Keep Reading
Patch would give Congress time for multi-year highway bill
The U.S. House of Representatives passed a measure to extend federal highway funds until Dec. 4. The Senate is expected to pass the measure, as well, to ensure funds do not run out, according to The Hill. Highway funds are… Keep Reading
Negotiators selected to mold passable highway bill
The House and Senate selected members of both parties to serve as negotiators who can eliminate differences that exist in the separate, multi-year highway bills both chambers drafted. Their task is to take elements of both and create a version… Keep Reading
Congress approves three-week highway bill
Congress approved a measure to extend federal transportation funding for three weeks, reports The Hill, extending spending until Nov. 20 and preventing a shutdown in funding on Thursday. According to The Hill, Obama has rallied against short-term transportation funding patches… Keep Reading
Six-year highway bill drafted in House
The House of Representatives introduced a six-year, $325 billion highway bill. According to The Hill, the bill would spend $261 billion on highways, $55 billion on transit and about $9 billion on safety programs – but only if Congress can… Keep Reading
House committee to host hearing on transportation funding
The House Transportation and Infrastructure Committee plans to host a markup hearing on a long-term transportation bill Oct. 22. The hearing will take place one week before the scheduled Oct. 29 expiration date of the current law that authorizes the federal… Keep Reading
Why passage of a long-term highway bill is unlikely this year
There goes the industry's chance this year for a long-term highway bill. That was my reaction upon reading earlier this month that the U.S. Department of Transportation updated its Highway Trust Fund ticker and reported that the federal government is… Keep Reading
