Via AASHTO Journal

President Obama sent Congress a budget plan with a six-year, $478 billion road, transit and rail proposal that drew industry praise for helping build momentum on infrastructure, while some lawmakers including a senator in the GOP leadership said they are working on their own funding plans.

While the Obama surface transportation proposal will be followed by a rewrite of the bill the administration offered last year to little congressional support, this time it included a detailed funding measure that would levy a onetime 14 percent tax on companies' foreign earnings left overseas and devote those receipts to infrastructure. 

That is different than some other ideas on Capitol Hill linked to voluntary low-tax repatriation or outright taxation of those foreign profits, but close enough that it puts some lawmakers in the same general area for replenishing the Highway Trust Fund.

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