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Projections show the shortfall will reach a critical point in the Trust Fund’s Highway Account in just a few weeks, requiring the Department to institute cash management procedures for highways at that time, with a similar plan to follow for the Mass Transit Account when it is expected to reach a similar point this Fall.
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Building America’s Future and the U.S. Travel Association partnered to launch a co-branded “I’m Stuck” app, a mobile phone app that will empower millions of American travelers dealing with travel delays and frustrations.
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The Highway Trust Fund -- our federal funding for roads, bridges, and transit systems -- is on course to become insolvent by August, jeopardizing America's infrastructure and its economy.
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Proposal would increase the federal gasoline and diesel taxes by six cents in each of the next two years for a total of 12 cents. This would provide enough funding to offset current MAP-21 spending levels over the next 10 years.
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The first thing to understand about P3s is that they are primarily a money-saving strategy and are still expected to earn a return on investment.
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The “Grow America Act” reflects President Obama’s vision for a four-year surface transportation reauthorization bill that would create millions of jobs and lay the foundation for long-term competitiveness.
Read More →Secretary Foxx’s tour will include visits to manufacturers, bridges, freight facilities, and highway projects in an effort to raise awareness of America’s infrastructure deficit.
Read More →The plan proposes a reformed business tax structure that would add significantly to federal revenues and increase funding for transportation by an average of about 38% per year.
Read More →Fund slated to run out of money by September, with the current surface transportation bill, MAP-21, expiring in October.
Read More →Our private sector organizations need to tell their story, forcefully, about the jobs and the lost business activity at stake if contracts are cancelled, delayed or suspended.
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