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« Industry coalition asks Trump for long-term Highway Trust Fund fix | Main | City, county working to bring jobs to Plainview with new business park »
Wednesday
Feb082017

GOP Senator floats new highway funding bill

The Hill

February 8, 2017

A rural Republican senator is floating a new idea to pay for federal highway aid and boost other transportation projects around the country.

Sen. Deb Fischer (R-Neb.), chairwoman of Senate’s surface transportation subcommittee, unveiled legislation this week that would temporarily take freight cargo and passenger revenue from Customs and Border Patrol and funnel it towards the ailing Highway Trust Fund. 

The fund is financed by the federal gasoline tax and pays for road construction, maintenance and other transportation projects throughout the nation. By 2026, the Congressional Budget Office estimates that the fund will be facing a $107 billion funding gap. 

Read on...

 

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