Tag: Interstate Highway System
Highway trust fund bankruptcy imminent without bailout
The Highway Trust Fund — created in 1956 to fund the U.S. Interstate Highway System and funded via a federal fuel tax on gasoline and diesel fuel — will run out of funds in a few weeks if Congress doesn’t intervene, reports The Atlantic’s CityLab blog. The Department of Transportation, which has been warning Congress […]
Are state-tolled interstates in America’s future?
Last week, the Obama administration announced details of its transportation bill first been announced in February. As Next City reports, sandwiched among the budget allocations — which total $302 billion — is an important proposal: the Department of Transportation is asking Congress to allow it to permit states to tack on new tolls to Interstate […]
