• Transportation Experts Debate Proposals for Keeping Highway Trust Fund Solvent

    WASHINGTON — A panel of transportation experts debated several proposals to rescue the nearly insolvent Highway Trust Fund but offered little hope that Congress, facing a May 31 deadline to pass a transportation bill, would approve a long-term solution.

    “The need for a new stable source of transportation revenue is more pressing than ever,” Kevin DeGood, director of infrastructure policy at the Center for American Progress, said at a May 14 Infrastructure Week event on the Hill. “Since 2006, Congress has transferred more than $65 billion from general funds into the Highway Trust Fund to stave off insolvency.”

    Uncertainty over the fate of the trust fund has caused some states to prepare two different transportation budgets, one that assumes continued levels of federal funding and the other estimating cuts, DeGood said.