Post Profile

The Next Big Economic Crisis Is About To Cause Huge Cuts In Federal Highway Funding

In a letter Tuesday, Transportation Secretary Anthony Foxx warned t he Obama administration will begin delaying reimbursements to states for infrastructure projects on Aug. 1 if Congress cannot come up with a solution to replenish the diminishing Highway Trust Fund. This move could create problems for highway and road construction profits at the height of the summer travel season.
read more


Related Posts

Foxx Pushes NHTSA $300 Million Maximum Fine Hike Before Congress

Vehicles / Automotive Industry News : The Truth About Cars

As part of a $302 billion, four-year plan to fund both infrastructure and highway funding, U.S. Transportation Secretary asked Congress to allow the National Highway Traffic Safety Administration to boost its maximum fine from the c...

Federal gasoline tax hike among proposals to stave off the Highway Trust Fund's impending bankruptcy

Business & Finance / Taxes : Don't Mess With Taxes

Transportation Department Secretary Anthony R. Foxx has been warning Congress for months that the Highway Trust Fund, the main pot of money Uncle Sam uses to pay for his/our highways, is running low. If something isn't done quickly,...

DC: Open Letter from Secretary Foxx and 11 Former DOT Secretaries Urging Congress to Address Long-Term Transportation Needs

Industries / Transportation : MassTransit

As Congress considers legislation to avoid a shortfall of the Highway Trust Fund, Transportation Secretary Anthony Foxx and 11 of his predecessors offered the following open letter to Congress.

DOT Dozen Call For Congress To Focus On Long-Term Of Infrastructure Funding

Vehicles / Automotive Industry News : The Truth About Cars

Alongside 11 former U.S. Department of Transportation secretaries, current secretary Anthony Foxx urged both houses of Congress to find a long-term solution to the funding of the U.S. Highway Trust Fund beyond what is under consider...

Foxx, Obama Administration Urge Congress To Act On Funding Highway Trust

Vehicles / Automotive Industry News : The Truth About Cars

With 112,000 infrastructure projects and 700,000 jobs at stake, the Obama administration and Secretary of Transportation Anthony Foxx are both urging Congress find a way to provide funding to the United States Highway Trust Fund bef...


Copyright © 2016 Regator, LLC