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Budget

Legacy ID
2316

Understanding the Projections of the Highway Trust Fund: A Tutorial

The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (P.L. 114-41) authorized General Fund transfers to the Highway Account and Mass Transit Account of the Highway Trust Fund. Based on the most recent monthly estimate of future Highway Trust Fund balances, this...

Substantial Demand Underscores Need for TIGER Grants

TIGER 2015 applications totaled $9.8 billion, far exceeding the $500 million for the program

WASHINGTON – U.S. Transportation Secretary Anthony Foxx today announced that applications to the U.S. Department of Transportation for its seventh round of Transportation Investment...

DOT Fact Sheets Highlight Grim State of U.S. Roads and Bridges

WASHINGTON – The Highway Trust Fund is set to expire on July 31. Without action from Congress, federal funding for transportation will come to a screeching halt. And with it, so will traffic in many places across the country.

Over the last six years, Congress has passed 33 short-term...