Transportation Policy
Pennsylvania’s Bid to Toll I-80 Rejected by Feds
Pennsylvania Gov. Ed Rendell (D) has scheduled a press conference this afternoon to discuss his pitch for new tolls on Interstate 80, but local media reports are already suggesting that his news is not good: the federal government has rejected the state's bid to toll the highway, leaving its transportation budget short at least $450 million.
April 6, 2010
Would the New Senate Fuel Tax Deal a Death Blow to the Transport Bill?
Eight Democrats yesterday joined nearly the entire transportation universe, from road-builders to transit advocates, to warn the three Senate authors of a new climate bill against raising gas taxes without using the money for infrastructure. Their message, translated from the often impenetrable language of Washington: Imposing new fuel fees that are not routed to transport projects could torpedo the next long-term federal bill -- which is already on life support.
April 6, 2010
8 Senate Dems Join Industry in a Gas-Tax Warning to Climate Bill’s Authors
As Sens. John Kerry (D-MA), Lindsey Graham (R-SC), and Joseph Lieberman (I-CT) prepare to unveil a new climate change measure that includes a tax on motor fuels, eight of their colleagues are urging the trio not to forget local transportation planning -- and warning that any new gas tax should be used to help pay for a new federal infrastructure bill, not redirected for other purposes.
April 5, 2010
What Happened to the Proposed ‘Transportation Tax’ on Wall Street?
For several weeks last fall, as members of the House infrastructure committee pushed for passage of a new six-year federal transportation bill as a strategy to rouse the economy from recession, a proposal to pay for the legislation with a small tax on oil futures trades attracted a healthy crop of Democratic cosponsors and some vocal pushback from Wall Street.
April 5, 2010
Final Obama Fuel-Efficiency Rule Gives Breaks to Electric, Luxury Cars
The Obama administration today released its final rule raising U.S. auto fuel-efficiency standards to an average of 35.5 miles per gallon (mpg) by 2016, winning plaudits from environmental groups while offering extra benefits to makers of electric and luxury cars.
April 1, 2010
New Report: Congress Should Boost Truck Efficiency by Raising Gas Tax
As the federal government moves forward on a mandate to set stronger fuel-efficiency rules for trucks and buses, a new report from an independent scientific body is urging lawmakers to take another approach: raise fuel taxes.
April 1, 2010
Could Gas-Tax Bonds Pay For the Next Federal Transportation Bill?
House infrastructure committee chairman Jim Oberstar (D-MN), facing steep political odds in his push to pass a new six-year federal transportation bill this year, has begun to pitch an outside-the-box solution to the financing shortfall that is still stalling congressional action: Treasury bonds.
March 31, 2010
Wall Street Swaps Haunting Cities: How Many Transit Agencies Hold Them?
The vast majority of Americans could not recognize the term "credit-default swaps" until 2008, when the obscure type of Wall Street deal was pinpointed as a leading cause of the U.S. financial meltdown. Now another type of swap, centered on interest rates, is making headlines as a growing number of urban governments start to regret their bets on borrowing costs.
March 31, 2010
New Poll: Support For Transit Expansion Transcends Rural-Urban Divide
Despite the frequent reluctance of rural lawmakers to support more federal investment in transit, a majority of rural and urban voters alike believe their home towns would gain from a local transit expansion, according to a new poll released today by the infrastructure reform group Transportation for America (T4A) and the Natural Resources Defense Council (NRDC).
March 30, 2010
‘A Dozen or So’ Senators Delay Passage of Oberstar’s Highway Funding Fix
A contentious congressional dispute over $932 million in transportation funding remains unresolved this week after the Senate approved a one-month extension of federal aviation law rather than a three-month version of the bill that included a fix to the provision at issue.
March 29, 2010