Highway Trust Fund Could Run Out During Busy Construction Season
Construction industry leaders, employers, and lawmakers are keeping a watchful eye on the dwindling Highway Trust Fund. Leaders in the U.S. Department of Transportation predict the fund could be drained by August. Peter Rogoff, who works with Transportation Secretary Anthony Foxx, met this week with the American Trucking Associations Executive Committee. “That means that as a department we will be required to slow down our spending in order to maintain a positive balance, potentially in the heart of the construction season,” Rogoff said.
