Highway Program Funding Discussions Heat Up
A crisis is looming; however, there’s little consensus on solutions. The House Republican leadership’s plan to permanently end Saturday postal deliveries and use the roughly $10 billion in savings to keep the highway program running until next spring has gained little public support, either on Capitol Hill or throughout industry. Meanwhile, Senate Finance Committee members met to discuss revenue options to ensure the Highway Trust Fund’s (HTF) solvency. Both short-term remedies and longer-term preferences were discussed. Senate Environment & Public Works Committee Chairman Barbara Boxer (D-Calif.) remains committed to a multiyear surface transportation bill, insisting that a short-term solution isn’t viable. However, Boxer is in the minority as many key policymakers have indicated that an extension of the current program (likely funded by a general fund transfer) is inevitable. AED News.