Congressional Budget Office Shows Concern for HTF
September 04, 2012
The Congressional Budget Office (CBO) predicts both accounts of the Highway Trust Fund will go broke sometime in FY 2015 unless Congress acts to shore up the fund that pays for surface transportation projects. According to a CBO chart obtained, the highway account will end FY 2012 with $8.7 billion and the transit account with......
Congressional Budget Office Examines the Proposed National Infrastructure Bank
July 16, 2012
The Congressional Budget Office released a report last week analyzing a national transportation infrastructure bank, which is a proposal that many on Capitol Hill would like to use in order to boost funding and improve the selection process for projects. The report finds that an infrastructure bank could play a limited role in enhancing investment......