highways News Updates

Business

CBO Offers Grim View of Highway Fund

WASHINGTON — The Congressional Budget Office last week presented a grim picture of an insolvent Highway Trust Fund to the House committee that oversees highway policy, but there was little discussion of possible solutions.

July 29, 2013
Government, Business

CBO Warns House Panel on Highway Trust Fund

WASHINGTON — A congressional subcommittee received a grim picture Tuesday of what lies ahead for the Highway Trust Fund if Congress and the White House do not find a way to pay for transportation before the fund is declared insolvent in 2015.

July 23, 2013
Government, Business

Senate Restores MAP-21 Transportation Funding Levels Cut by House

The Senate restored the transportation funding that was cut last week by the House in the House’s proposed continuing resolution to fund the federal government through September.

March 13, 2013
Government, Business

AASHTO Chooses Wright as Director

The American Association of State Highway and Transportation Officials chose new leaders, including an executive director, during its annual convention last week in Pittsburgh.

November 26, 2012
Government, Business

Maine to Decide on $51.5 Million in Bonds to Help Fund Infrastructure Improvements

Voters in Maine will decide on Nov. 6 whether to approve $51.5 million worth of bonds, with the bulk of the money designated for highway and bridge improvements.

October 31, 2012
Business

Audit Criticizes FHWA for Lax Oversight of Federal Highway Grants to States

Federal Highway Administration officials are not consistently meeting their congressionally mandated “stewardship and oversight” re­quirements to closely oversee billions of dollars in federal highway program grants to states, according to a new audit.

October 15, 2012
Government, Business

Report Cites Concerns on Highway, Transportation Funding

WASHINGTON — If Congress reduces transportation spending to the level of revenue flowing into the Highway Trust Fund, as some in Congress are suggesting, states are likely to spend their federal money to maintain existing roads and raise money for new highways from tolls and private investors, a new report said.

September 17, 2012
Business

Democrats, Republicans Each Claim Credit for Highway Law in Official Party Platforms

During their recent presidential nominating conventions, Republicans and Democrats both took credit in their official party platforms for the two-year transportation reauthorization bill passed by Congress and signed by President Obama in July.

September 10, 2012
Business, Government

Obama Signs Highway Law That Draws Cautious Praise

President Obama signed a new transportation reauthorization law on July 6 that drew measured praise from truckers, shippers, road builders and others who said they were relieved a new law was enacted, even if it does not address long-term funding for the nation’s highway system.

July 16, 2012
Business

Highway Legislation Generates Dozens of Research Studies

Members of Congress have been boasting that the new highway bill they passed will create as many as 3 million jobs, including construction workers, highway engineers, manufacturing and truck drivers.

July 9, 2012