Federal Highway Trust Fund May Run Out of Gas By August

Industry leaders and many government representatives had predicted the fund that pays for federal road projects would be out of money by October. But news reports this week indicate the money could dry up in late-August. Reporter David Lawder of Reuters says depletion of the account without a funding solution could bring major highway and bridge projects to a halt at the height of the summer road-construction season, idling thousands of workers, snarling traffic and dealing a blow to the economy. Lawmakers plan to revisit the issue when they return from spring recess later this month.

 

http://www.reuters.com/article/2014/04/15/usa-congress-higways-idUSL2N0N71KJ20140415

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