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Tag: infrastructure deficit
Business
DOT says Highway Trust Fund could face shortfall by late July
The U.S. Department of Transportation has updated its Highway Trust Fund Ticker to show that the fund could shortfall as early as the end of July. The DOT notes that the HTF âwill encounter a shortfall before the end of fiscal year (FY) 2014,â adding that âthe surface transportation program continues to outlay at a [âŚ]
March 18, 2014
Roadbuilding
Foxx: Highway Trust Fund âon track to bounce checks before FY 2015â
Transportation Secretary Anthony Foxx on Thursday warned that the Highway Trust Fund is expected to âbounce checksâ starting this summer if Congress fails to come up with a funding solution. At a Chamber of Commerce Transportation Infrastructure Summit in Washington, D.C., Foxx noted that problems with the HTF, which funds the majority of highway projects [âŚ]
February 21, 2014
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