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New details from White House budget pose grim outlook for Highway Trust Fund

from Roads & Bridges

One of the outcomes would be that spending authority for highway and transit programs given to states and localities would be frozen at FY 2020 levels through FY 2029, with no adjustments for inflation. Additionally, reimbursements to states and localities for work completed to existing Highway Trust Fund revenues would be limited. Lastly, payments on work completed would be subject to significant delays — possibly up to three years — totaling $146 billion through the end of 2029. more

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