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The Broken Highway Trust Fund

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Washington, Jul 23, 2008 | comments
With the Federal Highway Program at a critical juncture, the House will consider legislation today ostensibly aimed at shoring up the faltering Highway Trust Fund. But in doing so, the measure fundamentally alters the character of highway financing, weakens Congress’s prioritysetting role in allocating discretionary spending, and adds $8 billion to Federal budget deficits. Such significant steps should be fully debated, and not jammed through the House on the suspension calendar with all rules waived and no opportunity for amendments. This paper summarizes the background of the current situation and the legislation at hand.

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