Bond Buyer 2/28/14  By Jim Watts

DALLAS — Proposals to pump up the dwindling Highway Trust Fund without raising the federal gasoline tax offer a solution to the highway funding impasse, transportation industry leaders said last week.

Recent offerings from both President Obama and the chairman of the House Ways and Means Committee for a multi-year funding plan would help fund surface transportation spending with revenue from reforms to the United States tax code.

The $302 billion, four-year spending plan outlined by Obama Feb. 26 includes $63 billion of fill-in funding for the rapidly depleting HTF from reforms to the corporate tax code.

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