highway funding
Highway funds expected to last into next summer
The U.S. Department of Transportation (DOT) updated its Highway Trust Fund ticker to report that the federal government is unlikely to run out of money for infrastructure projects until June 2016. Congress passed an $8 billion Highway Trust Fund extension… Keep Reading
States, localities taking the initiative
Some states are not waiting around for Congress to get its act together in regards to highway funding. According to a report by the Associated Press (AP), about half of U.S. states have approved measures in the past two years… Keep Reading
Long-term, short-term highway funding feud
The Senate approved a long-term highway-funding bill. The House of Representatives approved a short-term highway-funding bill. And at the end of July, the House cornered the Senate into approving a three-month extension, leaving the long-term funding issue unresolved. The lack… Keep Reading
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
House won’t take up Senate’s long-term highway bill
U.S. House of Representatives Majority Leader Kevin McCarthy (R-Calif.) said today that the House will not vote on a Senate bill that funds highway construction for six years and revives the now-expired Export-Import Bank, according to The Hill. “We’re not… 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
June construction starts retreat 15 percent
New construction starts in June dropped 15 percent from the previous month to a seasonally adjusted annual rate of $620.2 billion, according to Dodge Data & Analytics. The decline followed an especially strong May, the company says. Nonbuilding construction in… Keep Reading
