Items Tagged with 'Highway Trust Fund'

CBO estimates $241B trust fund shortfall for 2024-2033, assuming no revenue increase and spending hikes to reflect inflation.

Plan requires approval by Congress, where reactions were mixed.

Bill backed by six Democrats would tap general fund to offset Highway Trust Fund revenue loss.

Meanwhile, Biden is "encouraged" by bipartisan Senate group's broader infrastructure proposal.

Biden's DOT nominee is certain to be confirmed, Commerce Committee's top Republican says.

As technology keeps changing, states keep working on alternatives or add-ons to the gas tax.

Plan's centerpiece is $810-billion highway-transit reauthorization, not fully funded.