Highway Trust Fund
Latest
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CBO Updates Major Trust Fund Baselines
The Congressional Budget Office (CBO) updated its projections last week on the financial status of the major trust funds for Medicare Hospital...
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Can a Carbon Tax Fund Climate Investments?
Though the Senate will not consider the House-passed Build Back Better Act (BBB), there has been some discussion of reviving the legislation’s climate...
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Maya MacGuineas: Say no to a gas tax holiday
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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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...