Highways, Bridges and Roads

CBO: Highway fund will face shortfall under Obama budget

The Congressional Budget Office (CBO) said Thursday that the Department of Transportation’s  Highway Trust Fund will not have enough money under President Obama’s proposed 2015 budget, despite an infusion of cash that has been suggested by the president. 

Obama has called for Congress to approve a four-year, $302 billion surface transportation bill before the federal government’s current road and transit funding measure expires in September. The money would be used to plug a hole in the Highway Trust Fund, which is normally used to pay for federal transportation projects. 

But the CBO said Thursday that Obama’s budget would still leave the Highway Trust Fund with a shortfall because the DOT needs to have at least $4 billion in the account to keep pace with infrastructure obligations. 

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NTSB investigating college bus tour crash

The National Transportation Safety Board (NTSB) is investigating a college bus tour crash in California that resulted in the deaths of 10 people, the agency said on Friday.

The bus, which was carrying high school students from Los Angeles, was traveling to visit Humboldt State University in Arcata, Calif.

The trip was cut short, when the bus was struck by a FedEx truck Thursday afternoon, according to a report in the Los Angeles Times.

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DOT chief launches bus tour to push for transport funding

Transportation Secretary Anthony Foxx is launching a national bus tour to push lawmakers to approve a new round of road and transit funding.

The bus tour comes as lawmakers face a Sept. 30 deadline to approve new transportation fuding before the current legislation expires. Additionally, the Congressional Budget Office (CBO) has projected that the transportation department’s Highway Trust Fund will go bankrupt as early as August without congressional action.

The DOT said Foxx will travel to eight states next week to “make the case for a robust multiyear federal investment as proposed by the Obama administration that will address the current shortfall and meet the country’s future needs, all without adding to the deficit.” 

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David Wildstein meets with feds on bridge scandal

Former Port Authority of New York and New Jersey official David Wildstein who resigned in the wake of the George Washington Bridge scandal, met with federal prosecutors last week, according to Main Justice.

Several people familiar with the investigation told the legal blog that Wildstein was “camped at the U.S. Attorney’s office” in Newark for several days last week. 

 

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Transport advocates bash Ryan budget

Transportation advocates are unhappy with Rep. Paul Ryan's (R-Wis.) proposed budget for the 2015 fiscal year.

Ryan proposed a $1.014 trillion budget for 2015 this week that that he says would help cut $5.1 trillion from the federal deficit over the next decade.

Ryan’s budget calls for eliminating funding for Amtrak and reducing the amount of money that is given to the Transportation Security Administration (TSA). It also requires the Department of Transportation (DOT) to reduce its spending on road and transit projects to the amount of money that is brought in by the 18.4 cents per gallon federal gas tax unless transfers from other areas of the federal budget are offset with additional spending cuts.

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