News

Obama hits the road to campaign for highway fund

Obama hits the road to campaign for highway fund

BRIDGE OVER TROUBLED WATER:Money in the Highway Trust Fund comes from gasoline taxes, which no longer provide enough funding because of declining fuel use. Neither Congress nor the White House want to raise the taxes, which amount to 18.4 cents per gallon tax on gas and 24.4 cents per gallon on diesel. Photo: Reuters

WASHINGTON (Reuters) – President Barack Obama will push for Congress to quickly pass a bill to replenish dwindling funds for highway and bridge repairs this week, using a massive bridge-building project north of New York City as a backdrop for a speech on the issue on Wednesday.

Obama will speak at the Tappan Zee bridge, where a $3.9 billion project is underway to replace the aging, congested structure, the White House said.

He will make the case that federal funding for road and infrastructure projects could soon dry up – right in the middle of the summer construction season – unless Congress finds a way to fuel the Highway Trust Fund.

Money in the Highway Trust Fund comes from gasoline taxes, which no longer provide enough funding because of declining fuel use. Neither Congress nor the White House want to raise the taxes, which amount to 18.4 cents per gallon tax on gas and 24.4 cents per gallon on diesel.

Transportation Secretary Anthony Foxx proposed a four-year, $302 billion package paid for by ending certain tax breaks for businesses, but reaction has been cool. The White House has said it is open to other ideas.

“The most important thing is that we pass a long-term bill that creates jobs and provides certainty for cities, states and businesses,” said White House spokesman Matt Lehrich in a statement.

The Senate Environment and Public Works committee is expected to release a bipartisan plan this week.

Vice President Joe Biden will also press the issue in visits to infrastructure projects in St. Louis, Missouri on Tuesday and Cleveland, Ohio on Wednesday.

Obama will meet with workers in the Washington DC area on Friday to discuss infrastructure, the White House said.

(Reporting by Roberta Rampton; Editing by Gareth Jones)

Recent Headlines

in Sports

Aaron Hernandez trail delayed by bomb threat

Former New England Patriots football player Aaron Hernandez listens during a motion regarding jail phone recordings during his murder trial at the Bristol County Superior Court in Fall River, Mass., on Wednesday, March 25, 2015. Hernandez is accused in the June 2013 killing of Odin Lloyd.

A bomb threat has delayed proceedings of the Aaron Hernandez murder trial.

in National, World

Police search house of pilot who crashed A320

Police hold media away from the house where Andreas Lubitz lived in Montabaur, Germany, Thursday, March 26, 2015. Lubitz was the copilot on flight Germanwings 9525 that crashed with 150 people on board on Tuesday in the French Alps. (AP Photo/Michael Probst)

The co-pilot of the airliner that crashed in the French Alps, killing all 150 people aboard, appears to have brought the plane down deliberately.

in National, World

PHOTOS: Crash of Germanwings Flight 9525

AP41207304817_9

All 150 people on board the jet - including three Americans - were killed Tuesday when it crashed in the French Alps.

in Sports

GPS can’t help Cubs pitcher find his way

edwinjackson

You've heard of baseball pitchers who have trouble finding the plate. How about a pitcher who can't even find the ballpark?

in Sports

The biggest bank accounts in baseball

MLB

The Yankees are once again baseball's most valuable team.