Infrastructure

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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Boxer: Congress 'running out of time' on highway funding

The chairwoman of the Senate committee that oversees infrastructure projects said Thursday that Congress is "running out of time" to approve legislation to prevent a bankruptcy in the Department of Transportation's Highway Trust Fund.

The highway trust fund, which is used to pay for road and transit projects, is traditionally filled by revenue collected from the 18.4 cents per gallon federal gas tax.

Infrastructure expenses have outpaced receipts for the gas tax by about $20 billion per year in recent years however, and the Congressional Budget Office (CBO) has project the Highway Trust Fund will run out of money this fall.

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Advocates want more tolls on roads

Advocates are pushing Congress to ease up on restrictions on tolls roads in the next transportation funding bill.

The International Bridge, Tunnel and Turnpike Association (IBTTA) held a “summit on legislation, policy and infrastructure finance” on Tuesday in Washington.

IBTTA Executive Director Patrick Jones said tolling could be a potential solution to a shortfall in transportation funding that is projected to reach as high as $20 billion without congressional action later this year.

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