Highway Trust Fund
Latest
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Event Recap: Trust Fund Solutions
On February 17, Senators Angus King (I-ME) and Mitt Romney (R-UT) joined the Committee for a Responsible Federal Budget and panel of experts to...
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Gas Tax Holiday Would Take A Wrong Turn
The White House and some in Congress are reportedly considering suspending the 18.3 cent federal gas tax for the remainder of 2022. The Committee for...
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Gas Tax Holiday Would Cost $20 Billion
This week, a group of senators introduced legislation to suspend the federal gas tax through December 2022 amid rising inflation. We estimate the...
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Ten Options to Secure the Highway Trust Fund
Accounting for the enactment of the bipartisan infrastructure law (formally, the Infrastructure Investment and Jobs Act), we estimate the Highway...
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The Infrastructure Bill’s Impact on the Highway Trust Fund
In addition to new investments in surface transportation, transit, broadband, energy, water, tax breaks, and other transportation spending, the...
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Senate Finance Committee Hearing Highlights Need to Secure Highway Trust Fund
The Senate Finance Committee held a hearing last month titled “Funding and Financing Options to Bolster American Infrastructure,” covering the need to...
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Bipartisan Senate Highway Bill Needs Offsets
The Senate Environment and Public Works (EPW) Committee recently marked up and unanimously passed a bipartisan highway reauthorization bill. The bill...
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ARCHIVE: Ten Options to Secure the Highway Trust Fund
Note: (2/4/2022): This analysis is now out of date. We released an updated version of this analysis, available here, which includes new projections of...
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Major Trust Funds Headed for Insolvency Within 11 Years
A number of important federal programs, such as Social Security and Medicare, are financed through dedicated revenue sources and managed through...
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CBO Releases Options to Shore Up Highway Trust Fund
Several of the country’s most important trust funds are rapidly headed toward insolvency and will run out of reserves sooner than projected due to the...
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Representative Blumenauer Introduces Bill to Shore Up the Highway Trust Fund
Representative Earl Blumenauer (D-OR) has introduced the Rebuild America Act, which would raise the excise taxes on gasoline and diesel fuel five...
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A Plan to Save the Highway Trust Fund
House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) recently introduced a discussion draft of legislation to improve the...