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E-mail	Print	Subscribe to magazine		July 4, 2009

Murray: Highway Trust Fund in Fiscal Peril

August 6, 2008

The Federal Highway Trust Fund, which provides one-third of the funding states use to build highways and bridges, faces bankruptcy next year unless the current Congress acts to shore it up, Sen. Patty Murray told a state labor convention in Vancouver Tuesday.

Officials say the trust fund, which was expected to finance about $40 billion in transportation projects next year, will likely face a $3.2 billion deficit in 2009.

Murray, D-Wash., chairs the Senate transportation appropriations subcommittee, which writes the federal transportation budget. She said a bipartisan one-year fix for the crisis, which involved transferring $8 billion from the general fund to the Highway Trust Fund, was blocked by a filibuster last week. Read more...

The Columbian

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E-mail	Print	Subscribe to magazine		July 4, 2009

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