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Highway & Transportation

September 10, 2008
On a voice vote today the Senate today passed HR 6532, legislation transferring $8 billion from the general fund of the Treasury to the Highway Trust Fund to prevent a shortfall in available funds from slowing down Federal reimbursements to states for on-going federal-aid highway construction projects. The Senate amended the House bill to allow for the transfer to happen immediately rather then on October 1st. The House must now approve the amended bill which is expected to occur this week. The President is expected to sign the bill expeditiously.
September 5, 2008
Secretary of Transportation Mary Peters today acknowledged that the Highway Trust Fund has an insufficient balance to continue to make full and timely payments to reimburse states for on-going Federal-aid highway construction projects and will be forced to reduce payments starting the week of September 8. The Administration projected that by the end of September the balance in the Highway Trust Fund will be zero.
September 1, 2008
The Associated General Contractors of America (AGC) today commended the House Transportation and Infrastructure Committee for conducting a hearing on the National Surface Transportation Policy and Revenue Study Commission's report to Congress and called on Congress to give due consideration to the report's bold and visionary plan for the future of surface transportation policy in the United States. Read the full Press Release.
September 1, 2008
The AGC/Chamber of Commerce Americans for Transportation Mobility coalition has released a study highlighting links between nation's transportation system and U.S. economic productivity, competitiveness, and growth.

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