The Highway Trust Fund, which had to be rescued last September, is facing another big shortfall this summer and will need a new infusion of $5 billion to $7 billion by August to avoid a slowdown in spending, key senators say.
Obama administration and U.S. Dept. of Transportation officials have said that the trust fund will not have enough cash to cover commitments to states for highway projects, according to Senate Environment and Public Works Committee Chairman Barbara Boxer (D-Calif.) and the panel's top Republican, James Inhofe of Oklahoma.