Infrastructure Funding Getting Fresh Look in Congress

Senate and House committees have begun to review legislation to provide additional transportation infrastructure.

Last week the House Transportation and Infrastructure Committee held its first hearing on infrastructure needs.

Among those testifying was Amtrak President Richard Anderson.

The Senate Commerce Committee convened a hearing this week with a similar focus.

Some believe that the need to extend the expiring Fixing America’s Surface Transportation Act will serve as an impetus to prod Congress into adopting an infrastructure program.

The law, which expires on Sept. 30, 2020, provides grants and loans for transportation programs.

Another sense of urgency is the condition of the Highway Trust Fund, which is flirting with insolvency.

Funded by the federal gas tax, that has been declining and Congress has diverted $144 billion from general funds since 2008 to keep the HTF going.

The Congressional Budget Office projects the HTF will exhaust its funds in 2021.

Congress has been split on how to infuse cash into the HTF. Some have favored an increase in the gas tax, which has not risen since 1993.

But others are calling for other measures, such as a tax on vehicle miles traveled.

The Trump administration last year suggested raising the gas tax by 25 cents, which might be an indication that the political pressure against raising it is abating.

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