The federal Highway Trust Fund — the transportation fund that distributes federal gas tax revenue to the states for road construction, mass transit and underground fuel storage tank maintenance — was set to experience a shortfall by the end of August. READ MORE
The life of the Highway Trust Fund has been extended through May 2015 after Congress passed a $10.8 billion patch just hours before the U.S. Department of Transportation said it would need to begin slowing payments to the states. READ MORE
The Senate is poised to vote on legislation to ensure federal highway funds continue to flow to the states before Congress adjourns for the five-week August recess. READ MORE