Federal Funding
Basics
Moody’s: Future Is Bright for U.S. Transit Sector
Yes, federal funding for transportation is expected to go negative before Congress is even due to pass a new bill. And yes, transit systems had a tough few years, cutting service and raising fares as the recession took a bite out of revenues. But guess what? In a credit outlook report released this week, Moody’s credit rating service says the outlook for the transit sector is positive.
March 19, 2014
Shuster “Encouraged” By Obama’s Transportation Funding Announcement
Bill Shuster is still digesting yesterday’s twin funding proposals from President Obama and Ways and Means Chair Dave Camp, but he’s “encouraged” by what he’s heard. Both proposals rely on corporate tax reform to plug the hole in the highway trust fund. Camp's proposal would raise about $125 billion; Obama's, $150 billion. Neither has yet released details on how their plans would work.
February 27, 2014
Live-Blogging Obama’s Transportation Announcement
3:59 p.m.: Obama says funding for these projects is going to be in jeopardy unless Congress passes a new transportation bill. Doesn't go into details. "God Bless the United States of America," and we're out.
February 26, 2014
Obama to Propose Four-Year Transpo Bill Funded By “Business Tax Reform”
President Obama will unveil a proposal for a $302 billion, four-year transportation bill during a speech today in Minnesota, according to an announcement from the White House. A fact sheet from the administration indicates the proposal would increase dedicated funding for transit more than funding for highways.
February 26, 2014
Why Is It Still So Hard to Find Out How States Are Spending Transpo Money?
You would be lucky to get half as much information about a $5 million transportation project in your state as you can get from a toothpaste tube about how to brush.
February 19, 2014
New Partnership Brings Together “Strange Bedfellows” For Active Transpo
The gospel of active transportation has spread. Thanks to a number of concurrent crises, from obesity to climate change to the "silver tsunami," it's become clear to more and more people that the simple act of walking and biking can have a major impact on averting some of the biggest problems America faces. So over the past several years, several different sectors have joined traditional biking and walking advocates in taking up the mantle of active transportation. And now those relationships have been consecrated into a new union: the Partnership for Active Transportation.
February 11, 2014
T&I Chair Bill Shuster Complicates Matters With Push for VMT Fee
All options may be on the table for funding transportation, but Bill Shuster has chosen his.
February 5, 2014
The Next Transpo Bill: Can Congress Solve the Funding Problem?
It's that time again. Just 18 months after the passage of the latest federal transportation bill, known as MAP-21, Congress has to get serious about the next one. The first hearing on the bill that will replace MAP-21 took place today in the House Transportation and Infrastructure Committee.
January 14, 2014
TIGER Funding Gets 20 Percent Boost in Final 2014 Spending Bill
We’re less than a third of the way through fiscal year 2014 and we already have a budget! Well, almost -- the president still has to sign it. But the House and Senate unveiled the details of the omnibus budget bill yesterday, and just having a complete bill that both parties and both chambers have agreed to is a pretty big deal.
January 14, 2014
Budget Deal Is Good News for Transit
The House of Representatives is preparing to vote on that rarest of Capitol Hill treasures -- a bipartisan budget deal. If both houses approve the deal, negotiated by Democratic Senator Patty Murray and Republican Congressman Paul Ryan, it will be the first time since 2010 that Congress has passed a budget.
December 12, 2013