The Joint Committee on Taxation estimates it would raise money in the short-term but prove costly in the long-term. The House aide called that “a nonstarter in the House.”
The Department of Transportation expects the Highway Trust Fund to drop below a sustainable level toward the end of July. That would prevent the federal government from reimbursing states for construction projects that are already underway.
Transportation committees in both chambers are working on long-term plans to keep highway and transit construction programs afloat for the long term but both sides have acknowledged that a short-term patch will be necessary to prevent the trust fund from drying up this summer.
Rep. Elijah Cummings, D-Md., right, hugs Harold Schaitberger, General President of the International Association of Fire Fighters, after the Congressman spoke at the IAFF's Legislative Conference General Session at the Hyatt Regency on Capitol Hill, March 9, 2015. The day featured addresses by members of Congress and Vice President Joe Biden.