highway trust fund
Obama expected to sign 2-month highway bill extension
The Senate passed a two-month highway bill extension, passing it on to President Barack Obama, who is expected to sign it before the May 31 deadline, reports The Hill. According to The Hill, both the House and Senate agree that… Keep Reading
House passes 2-month transportation spending extension
The U.S. House of Representatives passed a two-month transportation spending extension 387-35, delaying decisions regarding long-term transportation funding until the Highway Trust Fund runs out in July, reports Reuters. The measure will now be sent to the U.S. Senate for… Keep Reading
Senate and House propose 2-month highway program extension
With the May 31 highway program extension expiration drawing closer, the Senate and House of Representatives laid the groundwork for a two-month extension of the Highway Trust Fund contract authority and expenditure authority, reports the National Stone, Sand & Gravel… Keep Reading
Budget resolution proposes transportation funding decrease
According to the National Stone, Sand & Gravel Association (NSSGA), the House and Senate passed a joint budget resolution, something the two chambers hadn't done in six years. The resolution proposes a 22 percent reduction in surface transportation funding based… Keep Reading
Nye looks forward, back for Martin Marietta
Ward Nye, chairman, president and CEO of Martin Marietta Materials Inc., offered some perspective on the company's recent performance and an outlook for the remainder of 2015 upon the release of Martin Marietta's latest quarterly report. According to Nye, the… Keep Reading
Advocates take action for highway reauthorization at TCC Fly-In
More than 500 individuals gathered in Washington, D.C., April 14-15 for the TCC Fly-In to urge Congress to take action on highway reauthorization before MAP-21 expires May 31. Those who attended represented 31 national associations and construction unions. The event… Keep Reading
Legislators ramp up solutions to Highway Trust Fund crisis
A number of legislators are working to solve the Highway Trust Fund crisis. Reps. Jim Renacci (R-Ohio) and Bill Pascrell (D-N.J.) introduced a bill which would index the gas tax to inflation and establish a Highway Trust Fund “supercommittee” to… Keep Reading
Highway funding: Gaining momentum
Legislators are actively formulating plans to shore up the Highway Trust Fund. The aggregates industry has been asking for another multi-year transportation infrastructure bill for years, and talk of one has heated up in recent months in Washington. Here’s a… Keep Reading
Majority of House calls on Congress to create long-term highway bill
A majority of both Republicans and Democrats signed a letter initiated by Reps. Reid Ribble, R-Wisc., Dan Lipinski, D-Ill., and Tom Reed, R-N.Y., to Speaker John Boehner, R-Ohio, and Minority Leader Nancy Pelosi, D-Calif., urging Congress to develop a long-term… Keep Reading