Inside208

Federal Transportation Funding Remains in Danger of Becoming Insolvent

Posted on June 27, 2014 by Dene Westbrook

Congress is unfortunately not any closer to solving the federal transportation crisis. The Highway Trust Fund is expected to run out of funding within weeks, yet Congress can’t agree on either a long term solution or short term fix. Recently, Senators Bob Corker (R-Tenn) and Patrick Murphy (D-Conn) proposed legislation to boost the federal gas and diesel taxes by 12 cents per gallon over two years, but there is not much optimism that this solution would be considered in time to keep the Highway Trust Fund solvent or before MAP-21 expired at the end of September.

There will be growing pressure on Congress to act soon and most expect a very temporary solution to get Congress through until after the November election, which is not great news for local communities, looking at long term planning for transportation projects.

The League will keep you posted on any updates regarding this issue in the coming weeks.

Summer Minnick is the Director of Policy initiatives and Federal Affairs. She can be reached at 517-908-0301 or [email protected].

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