As President Donald Trump pulls back on green funding, state officials are lobbying Congress to retain those dollars for ...
Discussions about the insolvency of the Highway Trust Fund (HTF) have been happening since the early 2000s, and I wrote in 2023 how the booming EV market was going to make matters worse.
This means we’re approaching a Highway Trust Fund (HTF) crisis. In fact, new federal data shows that the HTF is due to become insolvent by the year 2021. Established in 1956, the HTF has ...
The Highway Trust Fund provides about a quarter of the annual public spending on roadway projects, according to the WSJ. There is an alternative bipartisan bill in the Senate, notes Businessweek.
The issue stems from diminishing funds for the Highway Trust Fund, funded by gas taxes. As cars and trucks have become more fuel-efficient, federal revenue from gasoline and diesel sales declined.
A $150 million housing bonds with a taxable component is anticipated for May and $110 million higher education student loan ...
A bill introduced in Congress Wednesday, Feb. 12, would ensure that electric vehicles (EVs) pay into the Highway Trust Fund (HTF) to support the construction and maintenance of U.S. roads and bridges.
The goal of the tax is to ensure that people who shift away from gasoline-powered cars to battery-powered vehicles contribute to the federal Highway Trust Fund to pay for road repairs. Owners of ...