Federal Transportation budget going broke….again
From AASHTO....
On June 24th Deputy Secretary of Transportation John D. Porcari sent a
letter to the chief executive officers of every state department of
transportation in the country advising them of an impending cash shortfall in
the Highway Trust Fund (HTF). The HTF is the federal funding source for
thousands of state highway projects, which support hundreds of thousands of
jobs, across the country.
The Deputy Secretary's letter put all state DOTs on notice, warning that
instead of sending states overnight reimbursements for transportation
investments, the Federal Highway Administration could begin to ration state
repayments; possibly shifting ...
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