The budget compromise agreed to by President Obama and Congressional leadership to fund the federal government through the remainder of FY 2011 is expected to be approved by the House and Senate this week. Included in the agreement are reductions in funding for several transportation programs.
The budget bill funds the highway program in FY 2011 at $41.1 billion—the same level as in FY 2010. The bill, however, eliminates $650 million in general-fund dollars that were provided in the FY 2010 appropriations bill. This is not the general fund transfers that were made over the past three years to keep the Highway Trust Fund solvent but were instead supplemental funds.
Source: Roads & Bridges