highway trust fund
Obama proposes six-year, $478 billion infrastructure budget
President Barack Obama proposed a 14 percent tax on overseas profits that would raise $238 billion over six years and create a $478 billion infrastructure budget, the National Stone, Sand & Gravel Association reports. “This transition tax would mean that… Keep Reading
U.S. Senators to introduce bipartisan transportation bill
U.S. Senators Barbara Boxer (D-Calif.) and Rand Paul (R-Ky.) announced that they will be introducing the “Invest in Transportation Act of 2015,” which would extend the Highway Trust Fund, boost economic growth and create jobs. The legislation would allow companies… Keep Reading
Senate EPW urges for agreement on long-term highway bill
The Senate Environment and Public Works Committee began its transportation reauthorization efforts Jan. 28 with a hearing featuring Transportation Secretary Anthony Foxx and the governors of Alabama and Vermont, as well as the South Dakota Secretary of Transportation. Members at… Keep Reading
Astec launches highway fund campaign
Astec Industries launched a grassroots campaign titled “Don’t Let America Dead End” to advocate for a long-term extension of the Highway Trust Fund before it runs out at the end of May. Astec launched a website for the campaign, which… Keep Reading
Proposed bill would fund Highway Trust Fund for six years
Rep. John Delaney (D-Md.) filed legislation that would both rebuild U.S. infrastructure and reform the corporate tax code. Delaney's plan, the Infrastructure and Global Tax Competitiveness Act, uses repatriated revenue to increase infrastructure investment by imposing a mandatory deemed repatriation… Keep Reading
2014/15 State of the Industry
Large industry mergers lead the news as the aggregate industry’s outlook continues to climb. The North American aggregates industry is in good shape based on recent aggregate production trends and predictions of near-term construction growth. And the nation’s two largest… Keep Reading
Practice makes perfect
I’m not exactly an all-star golfer. Sometimes I’ll expect to hit a beautiful drive up the fairway but end up topping the ball about 10 ft. in front of me. I don’t expect that, but it happens far more often… Keep Reading
Congress passes highway funding bill
Congress approved legislation that will ensure the Highway Trust Fund will have enough money to pay for badly needed programs to improve the nation’s infrastructure through May of next year, The Wall Street Journal reports. The $10.8 billion bill was… Keep Reading
House sends Highway Trust Fund patch back to the Senate
According to an article in Roll Call, the House voted 272-145 to send its original $10.8 billion bill back to the Senate. Earlier this week, the Senate voted on a revised bill that would extend the measure from May to… Keep Reading