Monday, June 8, 2009

Highway Fund in Continued Trouble; Empty by August

Concern over the Federal Highway Trust Fund continues. The latest estimate is the fund will run out of money by August. The fund is the primary source of funding for federal highway projects (mainly managed as grants to states), and is paid for with federal fuel taxes. Federal gas tax revenues have been declining in recent years.

Related posts and articles:
Administration: Highway fund to go broke in August
Senator: Highway fund will go broke in August
U.S. fund for highways near empty: Senator
U.S. Highway Fund Low on Cash Again

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