Inside Transportation

From Capital Partnerships LLC

Bulwarking the Highway Trust Fund

Last week, the chairmen of the House Ways and Means and Transportation and Infrastructure Committees announced the introduction of a bill which moves $8.017 Billion from the General Fund into the Highway Trust Fund. The infusion of general fund dollars will shore-up the shortfall and allow SAFETEA-LU programs to continue through September 30, 2009. The Senate's Transportation Appropriations bill contains a similar provision. Time is running out for Members to act to salvage the Fund. An election year, Congress will take its traditional August Recess and then return just for the month of September.

Second Economic Stimulus May Contain Transportation Dollars

Congressional Democrats continue their move to introduce a second economic stimulus package designed to stimulate the economy, including the addition of dollars for transportation infrastructure! House Majority Leader Steny Hoyer told reporters that he intends to have the bill passed before the Congressional adjournment date of September 26th.

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