ROAD BUILDERS CONCUR WITH WHITE HOUSE ON TRANSPORTATION FUNDING REAUTHORIZATION

A campaign to spotlight the potential for Highway Trust Fund insolvency indicates a decreasing federal share—presently $.52 for every $1—of state department of transportation investments in highway and bridge capital improvements. Here, ARTBA tracks the actual federal/state share coast to coast.

The American Road and Transportation Builders Association reacted favorably to the Obama administration’s FY 2015 budget, released early last month, which recommends investing $90.9 billion in transportation improvements, a proposed $18.6 billion over the FY 2014 amount, or a 25.7 percent increase. In a follow up to the president’s late-February outline MAP-21 reauthorization priorities, the administration again called for a four-year, $302 billion surface transportation program from FY 2015 through FY 2018.

Read More