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President Obama has proposed $478 billion in spending on transportation infrastructure over the next six years in his $4 trillion budget proposal.
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The U.S. Senate's Environment and Public Works Committee has launched its effort to draft a new highway bill with vows to work out political differences in order to restore the health of the nation’s infrastructure.
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President Obama used his State of the Union address to repeat his call to reform corporate taxes and spend some of the proceeds on a long-term highway bill.
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Rep. Bill Shuster, chairman of the House Transportation and Infrastructure Committee, said that one of his 2015 priorities will be a highway bill – but he does not expect it to be funded by a fuel tax increase, the AP reported.
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The federal budget package approved by the U.S. House and U.S. Senate includes a 50 percent increase in funding for a clean air program that reduces emissions from older diesel powered engines, vehicles, and equipment.
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Mark Rosekind, a member of the National Transportation Safety Board since June 2010, becomes head of the National Highway Traffic Safety Administration.
Read More →The U.S. House of Representatives voted to approve the Tax Increase Prevention Act of 2014, which includes an amendment extending the federal 50-cent per gallon alternative fuels excise tax credits through the remainder of 2014, even though the credits had previously expired at the end of 2013.
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The automaker will expand its current regional air bag safety improvement campaign to a nationwide scale, as requested by federal safety regulators.
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The safety agency found itself on the defensive during a congressional hearing on a day of mounting criticism over its handling of General Motors' ignition switch recall.
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GM CEO Mary Barra testifies during a Senate subcommittee hearing about the automaker's actions since the ignition switch recall.
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