As President Donald Trump pulls back on green funding, state officials are lobbying to retain moeny for other infrastructure ...
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.
It’s only fair that they pay into the Highway Trust Fund just like other cars do," Fischer said, saying gasoline-vehicle users typically pay $87 to $100 annually to the trust fund ...
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.
One of the big questions about electric vehicles has been, how are we going to pay for highway infrastructure when they don’t pay any fuel tax? Trucking organizations are praising legislation ...
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Rail accuses truck industry of coasting on highway tax ‘subsidy’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.
“It’s only fair that they pay into the Highway Trust Fund, just like other cars do. The Fair SHARE Act will require EVs to pay their fair share for the upkeep of America’s infrastructure.
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