3 edition of Highway Trust Fund found in the catalog.
Highway Trust Fund
1998 by U.S. General Accounting Office in Washington, D.C. (441 G St., NW, Room LM, Washington 20548) .
Written in English
|Statement||United States General Accounting Office, Resources, Community, and Economic Development Division|
|The Physical Object|
|Pagination||6,  p.|
TRB's National Cooperative Highway Research Program (NCHRP) Web-Only Document Assessing and Mitigating Future Impacts to the Federal Highway Trust Fund Such as Alternative Fuel Consumption explores the impact of different scenarios on fuel consumption and fuel tax revenues.
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Status of the Highway Trust Fund. The actual receipts, outlays and balances will be posted each month shortly after month-end as the information becomes available.
The Highway Trust Fund is a transportation fund in the United States which receives money from a federal fuel tax of cents per gallon on gasoline and cents per gallon of diesel fuel and related excise taxes. It currently has two accounts, the Highway Account which funds road construction and other surface transportation projects, and a smaller 'Mass Transit Account' which supports.
Jun 27, · The Highway Trust Fund provides a steady source of funding for investment in and maintenance of essential infrastructure. Likewise, safe and efficient infrastructure is a significant contributor to economic growth and productivity.
Yet, by many measures, the current system is not meeting America’s 21st century needs. Save the Highway Trust Fund. The American Highway Users Alliance (Highway Users) is pleased to introduce Gregg Mitchell, Chief Commercial Officer, TrinityRail and the Chairman of Trinity Highway Products, LLC in Dallas, TX, as the organization's new Chairman.
Feb 09, · Highway Trust Fund. Currently, federal highway spending far exceeds gas tax revenue and other dedicated revenues. Lawmakers have been patching the trust fund with (sometimes offset) general revenue sinceincluding a large $70 billion transfer in But CBO projects those funds to run out by (all years are fiscal years).
Jan 19, · The Trump administration wants to cut core federal infrastructure funds, including the Highway Trust Fund, New Starts, TIGER, and long-distance Amtrak routes, among others; these cuts. Download FISCAL FACT No. Options to Fix the Highway Trust Fund (PDF) Key Findings.
The Highway Trust Fund is facing an estimated $ billion shortfall over the next decade and absent any general fund transfers will run out of funds by mid-year. The Highway Trust Fund Needs Fixing – New Report Looks at a VMT Tax. October 23, By. Kevin Longley. Bythe Highway Trust Fund (HTF), the main funding source for the federal government’s investments in highway and transit infrastructure and primarily funded by.
Jul 03, · With the Highway Trust Fund set to expire September 30, economic policy experts discuss President Obama's push to renew the fund and a proposed cent increase in. Jul 08, · Jonathan Gifford talked about the creation of the Interstate Highway System (IHS) and trust fund, and he responded to telephone calls and electronic nightcapcabaret.com fund is used not only for.
TAX POLICY CENTER BRIEFING BOOK Key Elements of the U.S. Tax System What is the Highway Trust Fund, and how is it financed. Those transfers will enable the trust fund to meet spending obligations throughbut projected shortfalls.
The Highway Trust Fund (HTF) is a government fund that was established to hold federal highway user taxes that are devoted for highway and transit related purposes. The HTF was created by the Aug 03, · This is the Executive Summary of the report Restoring Trust In the Highway Trust Fund.
Federal surface transportation policy is at a fateful crossroads. Since the completion of the Interstate system, the federal program has lost its focus and its sense of purpose. Mar 14, · To avoid such shortfalls, lawmakers would have to enact legislation to reduce highway funding, increase dedicated tax receipts, transfer money from the general fund of the Treasury to the Highway Trust Fund (as has occurred in recent years), or undertake some combination of.
Aug 09, · House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) recently introduced a discussion draft of legislation to improve the finances of the Highway Trust Fund by raising the gas tax, enacting other taxes and fees, and setting the stage for a new form of financing to replace the gas tax over the long term.
Without commenting on the entirety of the legislation, the. Past federal highway authorization bills increased HTF spending levels, permitting Congress to spend down the fund’s accumulated balance. Beginning inCongress was spending more out of Continue reading Limit Highway Trust Fund Spending to Revenues.
The Highway Trust Fund keeps bridges from falling down, but will Congress reauthorize it. [to fund the Highway Trust Fund] is to raise the gas tax,” McNichol said.
Author: Kristen Doerer. Keep our transportation system moving. Our country’s transportation system faces a financial crisis, with its main source of money, the Highway Trust Fund, barely staying solvent. Read on to learn how our current funding system is designed and why it needs fixing.
May 11, · Highway Trust Fund Overview. The Highway Trust Fund collects and distributes money dedicated to federal highway and transit projects. The federal government provides roughly one-quarter of. Note: Citations are based on reference standards. However, formatting rules can vary widely between applications and fields of interest or study.
The specific requirements or preferences of your reviewing publisher, classroom teacher, institution or organization should be applied. The Highway Trust Fund finances construction for the nation’s interstate highway and mass transit systems. It is the primary source of funding for state projects that improve and maintain transportation, and it is nearing insolvency.
While non-binding, the resolution would put Congress on the record as opposing one option for fixing the Highway Trust.
Read Story. Tags: #fixthetrustfund, congress, highway trust fund, house of representatives, infrastructure, surface transportation, transportation. Appendix H: FY - FY Highway Trust Fund Overview Approximately of the District’s bridges and miles of District streets and highways are eligible for federal aid.
The Federal Highway Administration (FHWA) administers the Federal-aid Highway Program and reimburses Highway Trust Fund - Local Match $27, $29, Sep 16, · Understanding the Projections of the Highway Trust Fund: A Tutorial.
The Surface Transportation and Veterans Health Care Choice Improvement Act of (P.L. ) authorized General Fund transfers to the Highway Account and Mass Transit Account of the Highway Trust Fund.
Jun 18, · The Congressional Budget Office estimates that spending in fiscal year for highways and transit programs funded from the Highway Trust Fund will be $44 billion and $8 billion, respectively, whereas revenues collected for those purposes are projected to be $34 billion and $5 billion, respectively.
Jul 07, · The Congressional Research Service put together a good history of the Highway Trust Fund in (as the government was debating whether. Apr 04, · The Highway Trust Fund is the principal mechanism for funding federal highway and transit programs through receipts from excise taxes charged to highway users, such as taxes on motor fuels.
The Department of Treasury (Treasury) and the Congressional Budget Office (CBO) each prepare estimates of future receipts for the Highway Trust Fund semiannually.
Treasury's receipt estimates are. AASHTO Journal. Highway Trust Fund’s Tax Receipts Flatten in Fiscal While Traffic Sets Record Highs Total collections of federal excise taxes for the Highway Trust Fund flattened in the first 10 months of the latest fiscal year, the Treasury Department has reported, even as traffic volume on U.S.
roads continues to climb to ever-higher. the kind of trust in the Highway Trust Fund that was present during its early years. Making this change is also probably the best hope we have for gaining political support, not for all-purpose transportation tax increases, but for significantly improving the performance of.
Most notably is the overspending issue that has plagued the highway trust fund for decades and has created the shortfall issues in funding we now face. While most Americans would assume that money from the Highway Trust Fund (HTF) would go to fund solely. Jun 27, · What is the Highway Trust Fund.
The Highway Trust Fund (HTF) is basically a bank account that was established by Congress in to pay for the Interstate Highway System. The HTF is funded through revenues from the federal gas and diesel taxes, and an assortment of other taxes on things like truck tires. Jul 20, · We propose to remove from the Highway Trust Fund programs that should not be the business of the federal government.
More than a quarter of Author: Martine Powers. The House overwhelmingly passed a bill to shore up the beleaguered Highway Trust Fund on Tuesday with little more than two weeks before the Department of Transportation has to cut funding for Author: Adam Snider.
Jul 01, · If you are looking for a looming problem that illustrates Congress’ trouble governing our country, look no further than the Highway Trust nightcapcabaret.com lawmakers can. The Highway Trust Fund is set to become insolvent this summer, creating exponential negative consequences for our economy.
What. When. Why. Find out how it can be fixed and what you can do to help. What is the Highway Trust Fund.
The Highway Trust Fund is how Congress provides federal. Sep 07, · For the non-transportation wonks out there, here is a brief history of the Highway Trust Fund (HTF) courtesy of the Eno Center for Transportation’s Highway Trust Fund “The Highway Revenue Act of introduced the HTF, which is the funding mechanism for the Federal surface transportation grant-in-aid program.
Apr 14, · The newly created Highway Trust Fund (the Fund) levied a $ per gallon tax (equal to $ inaccording to the Bureau of Labor Statistics inflation calculator) on motor fuels to fund federally sponsored highway construction and maintenance, according to the Author: Andrew Justus.
Oct 25, · Earlier this year, the Highway Trust Fund (HTF) reached its lowest level in decades, ending July at $ billion dollars.
A congressionally approved transfer of more than $8 billion boosted the fund's balance to end the fiscal year (September 30) at $12 billion, but that is still the second-lowest year-end level since 8/ FY payment to the Highway Trust Fund comprised of $ billion to the Highway Account and $ billion to the Mass Transit Account.
1/ FY and FY include FHWA General Operating Expenses (GOE) and transfers to the Appalachian Regional Commission (ARC) for administrative. Jul 16, · Four Times the Government Held Highway Funding Hostage.
If Congress were to lose the Highway Trust Fund, it would also lose a powerful tool to keep states in line. PROS AND CONS OF CONTINUING THE HIGHWAY TRUST FUND.
The creation of the Highway Trust Fund Provided the means for building the Interstate Highway System. The task ahead, however, consists mainly of reconstructing highways already in service and Author: C E Simons.May 20, · The federal gas tax finances the Highway Trust Fund and hasn’t gone up in more than 20 years, but Republicans and many Democrats refuse to raise it.
The following is cross-posted at nightcapcabaret.com Yesterday, CFA and ATR sent a letter urging members of Congress to oppose H.R.a $7 billion bailout of the Highway Trust Fund.
Today, Senators Coburn and McCain voiced opposition to the bill, issuing a report that details the gross overspending and mismanagement of transportation funds that have consistently placed the.