Congress takes action to finance Highway Trust Fund through May

By |  July 11, 2014

The House and Senate took steps to replenish the Highway Trust Fund before it runs out of money. According to NSSGA, bills from both the House and Senate will transfer about $10.8 billion to the Highway Trust Fund immediately upon enactment. About $8.8 billion will be devoted to the Highway Account and another $2 billion will go to the Mass Transit Account. The bills reportedly include enough money to support baseline highway and mass transit spending through May 2015.

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