Highway Trust Fund is on fumes and time is running out

Highway Trust Fund is on fumes and time is running out

ATA President and CEO Chris Spear penned an op-ed in The Hill this week, sounding the alarm on the impending highway funding crisis:

It’s Infrastructure Week, and if potholes, watermain breaks and failing bridges from coast to coast aren’t enough to motivate Congress into action, then maybe another piece of dire news will: America is once again hurtling toward a highway funding cliff that should sound alarms for lawmakers, particularly budget hawks.

For decades, we have relied on the Highway Trust Fund (HTF) — which is financed primarily by the federal fuel tax that we all pay at the pump — to help repair and maintain our nation’s roads and bridges. And for decades, this funding mechanism has received broad bipartisan support as the most efficient and effective way to fund and maintain our nation’s roads and bridges...

Read the whole thing here.