Tag: HTF shortfall

Roadbuilding

CBO estimates $85-$90 billion Highway Trust Fund shortfall by 2021

The Congressional Budget Office (CBO), at the request of Rep. Sandy Levin (D-Michigan), has projected estimated revenue shortfalls for the Highway Trust Fund (HTF) for two short-tem extensions and one long-term extension, finding the fund will be short by $85-$90 billion in just six years. Levin, a member of the House Ways and Means committee, had […]

June 2, 2015

Roadbuilding

DOT continues to project Highway Trust Fund shortfall in August

The U.S. Department of Transportation maintains its projection that the Highway Trust Fund will shortfall in August, according to the latest update of the agency’s Highway Trust Fund Ticker. Transportation Secretary Anthony Foxx introduced the Ticker in January. It is designed to provide a monthly update on the HTF’s remaining balance. Last month, the DOT […]

May 14, 2014

Business

DOT now predicts Highway Trust Fund will run out of money by end of August

In its latest update of the Highway Trust Fund Ticker, the U.S. Department of Transportation predicts the HTF to run out of money by the end of August. In the ticker update, the DOT notes that the Highway Account started fiscal year 2014 with about $1.6 billion, and $9.7 billion was transferred from the General Fund. […]

April 16, 2014

Roadbuilding

U.S. DOT: Highway Trust Fund could shortfall as early as late July

The U.S. Department of Transportation has updated its Highway Trust Fund Ticker, and a chart on the page shows that the Highway Trust Fund could shortfall as early as the end of July. The DOT notes that the HTF “will encounter a shortfall before the end of fiscal year (FY) 2014,” adding that “the surface […]

March 17, 2014