The Highway Trust Fund provides about a quarter of the annual public spending on roadway projects, according to the WSJ. There is an alternative bipartisan bill in the Senate, notes Businessweek.
According to the U.S. Department of Transportation, the Highway Trust Fund (HTF) will run out by September unless Congress takes action. If left unchecked, no money will be left to meet federal ...
The National Defense and Highways Act of 1956 created the U.S. interstate highway system. It also created the Highway Trust Fund (HTF), the mechanism by which it intended to fund the construction ...
On that date in 1956, President Dwight Eisenhower signed the Federal-Aid Road Act authorizing the system and creating the Highway Trust Fund (HTF) to finance its construction. The IHS continues to ...
On any given day, the federal Highway Trust Fund reimburses project sponsors about $218 million, while about $52.6 million is ...
Mr. Duffy, a former congressman who had appeared on track to sail through with little opposition, overcame a last-minute ...
“More highway robbery from the Dems on the Medicare trust fund,” he said, echoing concerns that the government is siphoning ...
Co-founder of the Heritage Foundation, Stephen Moore, called it, "More highway robbery from the Dems on Medicare trust fund." ...
Congress for the past three decades has opted not to hike taxes and instead used general tax revenue to address shortfalls in the federal highway trust fund.
Senator Deb Fischer, a Republican from Nebraska, asked whether Mr. Duffy thought owners of electric vehicles should contribute to the Highway Trust Fund. The federal fund finances the country’s ...
Two bills with the purpose of increasing funding for the state’s highway fund have gone in opposite paths during the Legislative Session. One of the bills, House Bill 33, proposes taking the sales tax ...
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