Under the new bill, the Highway Trust Fund would need more funding to get through the next five years.
Jeff Davis takes a closer look at the Congressional Budget Office’s updated forecast of the Highway Trust Fund cash flow and the added cost of the Senate Environment and Public Works Committee’s highway bill, S. 2302, introduced by Senator John Barrasso.
"That new CBO baseline estimates that over the next five years, the Highway Trust Fund will need about $72 billion in new revenues or transfers in order to keep paying its bills, assuming current tax rates and the 2020 spending levels given annual inflation increases," says Davis.
Davis crunches the numbers to estimate how S. 2302 would affect the cash flow of the Highway Account. "Under this model, the Highway Account would need an additional $75 billion in additional revenues or transfers to fund the Barrasso bill."
Davis also reviews estimates for the Mass Transit Account, which would need another $27 billion under S. 2302. As a result, the Highway Trust Fund would need a total of $102 billion in additional revenues or transfers to get through the end of the 2025 fiscal year.
FULL STORY: How Does the New CBO Baseline Affect the Senate Highway Bill?
Highway Trust Fund Projected to Become Insolvent Earlier than Expected
As we've noted numerous times, the Highway Trust Fund will become insolvent around the end of the fiscal year - Sept. 30, just when MAP-21, the transportation authorization bill, expires. We were wrong. The new HTF "ticker" explains the bad news.
Survey Finds Growing Support for a Mileage Fee Over the Gas Tax
An annual survey by the Mineta Transportation Institute found new levels of support for a change in the way the federal government raises money from, and for, highway infrastructure.
Trump's State of the Union: More on Infrastructure in Democrats' Response
The president spoke briefly about infrastructure in his third State of the Union address last Tuesday, urging Congress to pass the bipartisan America’s Transportation Infrastructure Act of 2019. Michigan Gov. Gretchen Whitmer had a lot more to say.
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees
More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?
In Both Crashes and Crime, Public Transportation is Far Safer than Driving
Contrary to popular assumptions, public transportation has far lower crash and crime rates than automobile travel. For safer communities, improve and encourage transit travel.
Report: Zoning Reforms Should Complement Nashville’s Ambitious Transit Plan
Without reform, restrictive zoning codes will limit the impact of the city’s planned transit expansion and could exclude some of the residents who depend on transit the most.
Judge Orders Release of Frozen IRA, IIJA Funding
The decision is a victory for environmental groups who charged that freezing funds for critical infrastructure and disaster response programs caused “real and irreparable harm” to communities.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Clanton & Associates, Inc.
Jessamine County Fiscal Court
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service