House Ways and Means Panel to Vote on HTF Bill on Thursday
The House Ways and Means Committee plans to vote on a bill Thursday that would transfer almost $11 billion to the Highway Trust Fund to keep it solvent through May 31, 2015.
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House and Senate tax-writing committees approved similar but not identical 10-month, $10.8 billion bailouts of the almost-depleted Highway Trust Fund, with each chairman contending his panel's bill is the most bipartisan measure. more »
The current failure of House and Senate negotiators to find common ground on a short-term fix for the almost-insolvent Highway Trust Fund may not mean the ailing fund won't be patched, transportation experts said Wednesday. more »
The chairman of New York's Metropolitan Transportation Authority got the message he expected in Washington: Congress will not step in should LIRR workers strike. more »
New York MTA Chairman Thomas Prendergast plans to visit congressional leaders in Washington after talks with Long Island Rail Road unions settled nothing. more »
Congress must quickly fix the impending insolvency of the Highway Trust Fund without waiting for an executive order, President Obama said. more »
President Obama's warning that federal transportation funding will dry up is a scare tactic aimed at raising taxes, a conservative group said. more »
President Obama challenged Congress Tuesday on its inability to resolve the shortfall in the Highway Trust Fund. more »
The U.S. Army Corps of Engineers sees public-private partnerships as a potential funding source for water infrastructure projects. more »
Many highly-rated sewer utility credits can weather federal consent decrees that mandate substantial upgrades with proper management and planning for the increased costs, Moody's Investors Service concludes in a new report. more »
Nationwide poll finds most Americans would support a higher gas tax if revenues are dedicated to highway and transit projects. more »
The Head of the Senate Finance Committee will work with chairman of House Ways and Means for a quick, temporary fix to the fast-depleting Federal Highway Trust Fund. more »
Sen. Barbara Boxer supports a proposal for a six-month patch to keep the Highway Trust Fund solvent through 2014. more »
The Senate Finance Committee is scheduled to vote Thursday on a bill that would extend the authority to spend from the Highway Trust Fund through the end of the calendar year. more »

As many state and local governments across the country begin their July 1 fiscal year, a new federal law going into effect is of particular interest to municipal governments that issue bonds.

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