trust News Updates

Government, Business

House, Senate Send $10.8B Highway Trust Fund Fix to President

A $10.8 billion bill to boost the Highway Trust Fund through May passed the House and Senate on July 31, shortly before lawmakers left Washington for a five-week recess.

July 31, 2014
Government, Business

House Schedules Vote On Trust Fund Rescue

House GOP leaders scheduled a floor vote July 31 on their original $11 billion plan to shore up a cash-strapped federal highway account through May, in order to prevent the Department of Transportation from having to delay payouts to states Aug. 1.

July 31, 2014
Government, Business

Senate Passes Amended Highway Bill, Sends Back to House

The Senate on July 29 easily voted to send the House a nearly $8 billion bill that would fund federal highway programs through December, a move meant to force lawmakers to agree on a long-term funding plan for transportation construction projects nationwide.

July 29, 2014
Government, Business

Senate Takes On Highway Trust Fund Bill

Senate Majority Leader Harry Reid announced the chamber will consider on July 29 a House-passed bill that would shore up the Highway Trust Fund for 10 months, as well as several proposed changes to the bill.

July 29, 2014
Government, Business

Wyden: House Trust Fund Fix ‘Goes Too Far’ on Pension Smoothing

The chairman of the tax-writing Senate Finance Committee on July 28 criticized the primary source of funding for a House bill that would shore up the Highway Trust Fund, a day before the Senate is expected to vote on the legislation.

July 28, 2014
Business

Senate to Take Up Highway Funding Bill; Will Consider 4 Amendments Before Vote

Senate leaders reached an agreement July 23 on how to proceed with a highway-funding bill, setting up floor votes on the legislation as early as July 29, Majority Leader Harry Reid (D-Nev.) said.

July 28, 2014
Government, Business

Foxx Presses Congress for Long-Term Highway Fund Solution

With only two weeks remaining until Congress adjourns for the summer, Transportation Secretary Anthony Foxx and the 11 secretaries of transportation before him urged Congress to pass a bill to boost the Highway Trust Fund before that account runs out of money next month.

July 21, 2014
Government, Business

Top House Republican Expects Senate to Back Trust Fund Bill

Speaker John Boehner (R-Ohio) said he thinks there will be enough senators next week who will support a 10-month Highway Trust Fund fix, legislation that easily advanced out of the House on July 15.

July 18, 2014
Government, Business

House Passes Legislation to Boost Highway Trust Fund

Despite opposition from leading Democrats and conservative Republicans, the GOP-led House on July 15 passed legislation that would shore up a federal highway account through May by a vote of 367-55.

July 15, 2014
Government, Business

DOT Secretary Foxx Pushes for Long-Term Highway Funding

Transportation Secretary Anthony Foxx will continue to advocate for long-term funding to pay for highway construction projects during an appearance at the National Press Club today at 1 p.m. EDT.

July 15, 2014