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The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (P.L. 114-41) authorized General Fund transfers to the Highway Account and Mass Transit Account of the Highway Trust Fund. Based on the most recent monthly estimate of future Highway Trust Fund balances, this...
"The good news is that Congress has avoided bankrupting the Highway Trust Fund. The bad news is that there is still no long-term certainty, and this latest band-aid expires right as the next construction season begins..."
"I applaud the Senate's strong bipartisan vote, which sends a clear message that we need action on a long-term transportation bill this year, and reaffirms that Democrats and Republicans can come together to do it. There is no reason to delay the real debate about long-term funding and badly...
A calendar for August 2014, indicating days--August 8, 11, 25, and 26--when FHWA will not approve Highway Trust Fund reimbursements to States.
WASHINGTON – U.S. Secretary of Transportation Anthony Foxx today sent letters to state transportation departments and transit agencies outlining steps the Department of Transportation (DOT) will soon be forced to take to manage the impending insolvency of the Highway Trust Fund. In both...
Memo to DOT officials and staff providing procedures for reimbursement during a cash shortfall in the Highway Account of the Highway Trust Fund (HTF). Unless otherwise directed, cash management procedures will be implemented on August 1, 2014. These cash management procedures will continue until...
On July 1, 2014, Transportation Secretary Foxx sent a "Dear Colleague" letter to transit agencies advising them that DOT will implement cash management procedures for the Highways Account of the Highway Trust Fund.
July 1, 2014 letter from Transportation Secretary Foxx to State DOT CEOs on DOT's Cash Management Procedures to be implemented for the Highway Account of the Highway Trust Fund.
Highlights Project’s Economic Impact as part of Invest in America Bus Tour
BIRMINGHAM, Ala. —U.S. Transportation Secretary Anthony Foxx today visited construction of the future site of the Birmingham Intermodal Facility, as part his Invest in America, Commit to the...