Infrastructure
Latest
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Highway Conference Agreement is Both Gimmicky and Costly
Congressional negotiators this week released a conference agreement on highway spending authorization that will largely settle the issue of highway...
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Five-Year Highway Bill Could Be a Costly Mistake
As the House and Senate are conferencing their highway bills, a debate has broken out over how to spend the $78 billion of offsets. Setting aside the...
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The Federal Reserve Budget Gimmick In The House Transportation Bill
The transportation bill that the House passed last week contains a budget gimmick worth almost $60 billion (Wall Street Journal Paywall). The...
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Two Months, Four Fiscal Speed Bumps to Deal With
We are coming down the home stretch of calendar year 2015, with only a little more than two months left. Lawmakers will have to get to work as they...
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Highway Trust Fund Runs Out Next Summer
According to a new Department of Transportation (DOT) estimate, the Highway Trust Fund will likely last until late next summer instead of at the end...
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Three Scenarios for Projecting Debt
Our recent analysis of the Congressional Budget Office's (CBO) August baseline focused on CBO's official current law baseline projections, which show...
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The Gathering Storm: Fiscal Clouds Amass This Fall
In early 2015, the Committee for a Responsible Federal Budget (CRFB) warned of the upcoming Fiscal Speed Bumps, explaining “lawmakers will face a...
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Carper's Highway Plan Responsibly Fixes Trust Fund But With a Catch
The three-month highway law that passed last month was intended to buy time for a more lasting solution for the Highway Trust Fund's finances, so it...
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Taking a Closer Look at the Senate's Highway Bill
We commended the Senate last week for seeking a long-term solution to the highway funding shortfall and for funding its proposal with real offsets...
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Unpaid-For Veterans Provisions Piggyback on Transportation Bill
Before Congress leaves for August, they must pass a transportation bill extending highway programs and transferring additional money into the Highway...
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Senate Transportation Bill Finds Offsets for Three Years of Funding
The Senate is discussing a bill that would reauthorize highway programs for six years and provide $47.6 billion of funding to cover the Highway Trust...
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Second Half of the Year Means Plenty of Fiscal Speed Bumps Ahead
As we move past the midpoint of 2015, several fiscal deadlines are fast approaching. Congress is preparing to act on two important Fiscal Speed Bumps...