AASHTO Presses Congress to Find New Revenue Stream

February 27, 2017

AASHTO's Bud Wright said in a recent interview the Highway Trust Fund is "not going to be able to sustain the current program" of highway and transit spending once the five-year Fixing America's Surface Transportation Act ends in 2020.

That's because the dedicated excise tax receipts going into the trust fund – built mainly around gasoline and diesel taxes plus smaller levies on other motor fuels and on heavy truck equipment – already fall so far short of the authorized spending levels that Congress has repeatedly tapped unrelated general funds to bridge the gap.