A Looming $4 billion Shortfall * USA - In the federal Highway Trust Fund in Fiscal Year 2009
Washington,DC,USA -The Trucker -July 11, 2007: -- Officials of the American Association of State Highway and Transportation Officials, which represents the state transportation departments in Washington, today called for action to address a looming $4 billion shortfall in the federal Highway Trust Fund in Fiscal Year 2009... The shortfall was projected in January to be $700 million. New estimates from the Office of Management and Budget were released today, indicating a shortfall in fiscal year 2009 for the Highway Account of the Trust Fund totaling $3.8 billion, AASHTO reported... AASHTO Executive Director John Horsley said unless action is taken the development could trigger substantial cuts in the federal-aid highway program financed in each state through the Highway Trust Fund...
Labels: infra...structures?..
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