Infrastructure

The Senate will move forward with a compromise six-year transportation funding bill hammered out over the weekend in negotiations between Senate Majority Leader Sen. Mitch McConnell, R-Ky., and Sen. Barbara Boxer, D-Calif., despite a setback on a procedural vote on Tuesday.

Senate Republican leaders are working on a multiyear transportation bill that would resolve the shortfall in the Highway Trust Fund by dedicating roughly $40 billion of additional revenue to it from a variety of sources.

Virginia will eliminate tolls on two tunnels under construction with $78 million saved by cancelling a P3 road project.

Sen. Ron Wyden, D-Ore., hopes that one day, parents will give their kids infrastructure bonds for the holidays.

Senators are optimistic about passage next week of a multiyear transportation funding reauthorization measure.

The Delaware River Port Authority's board approved an $18 monthly credit for E-ZPass monthly account users on four bridges connecting Greater Philadelphia and New Jersey.

The House on Wednesday voted 312 to 119 to approve a bill that would extend federal transportation funding through Dec. 18, with an $8.1 billion transfer from general funds to the Highway Trust Fund.

An $8 billion plan to stave off insolvency of the Highway Trust Fund would keep federal transportation funding flowing to states through Dec. 18.

House Republican leaders are putting together an $8 billion, five-month bailout of the Highway Trust Fund through the end of 2015.

A bipartisan group of nine House members wants a winner-take-all vote on proposed transportation revenue measures.

Senate will take up a highway funding bill next week but revenue source remains contentious.

Months after the original private owner of the publicly owned toll road went bankrupt, the new owner, Australian fund manager fund IFM Investors, is set to complete the financing of its takeover bid next week.

Move America Bonds should be more attractive to many members of Congress than Build America Bonds, Sen. Ron Wyden said.

Revenues generated from an overhaul of the corporate tax code could fund highways, Senate report says.

Gas prices fell in four of the six states with gasoline tax increases taking effect July 1, survey finds.

John Hoeven, a Republican Senator and former governor of North Dakota, is keeping states' needs in mind with his bill to create Move America Bonds.

Virginia will recoup $149 million of the more than $280 million the state spent on a cancelled $1.4 billion toll road P3.

Washington State's compromise 16-year, $16 billion transportation plan includes gasoline tax increase and $5.3 billion of state GO bonds.

Gasoline taxes go up July 1 in six states to fund local highway projects while federal gasoline tax remains at 1993 level.

States are making plans for another short-term extension or a possible cutoff of federal transportation funding on July 31.