FHWA Reports Fiscal Year End Highway Trust Fund Balance, Stable through early 2022; Congress MUST Pass Bipartisan Infrastructure Bill for Program Stability

On October 20, the Federal Highway Administration released fiscal year end estimates on the Highway Trust Fund balance. Here are the fast facts: The trust fund finished FY 2021 with $21.1B cash-on-hand. The Congressional Budget Office forecasted a much lower number (in the range of $13B). As such, it is expected that the...