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Study - USA - Show Highway Fund Headed for Bankruptcy
WASHINGTON,DC,USA -TTNews, by Sean McNally -17 Noc 2005: -- The Highway Trust Fund is headed for bankruptcy unless steps are taken to change how the government funds highway and transit programs, warned a report issued by the U.S. Chamber of Commerce’s policy research organization... The report, issued by the National Chamber Foundation Nov. 3 at a Chamber of Commerce event here, said combined state and federal contributions to the nation’s highway and transit systems will fall $500 billion short of what is needed to maintain the current system between 2006 and 2015... Annual revenues for the Highway Trust Fund from the federal level “will fall $23 billion short [each year] of what we need to maintain our highways and transit systems,” said ...
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