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Highway Fund Gets $4.5 Billion Infusion as Program Lapse Looms

Oct. 18, 2021, 7:39 PM

The Highway Trust Fund’s balance increased by $4.5 billion last month, giving lawmakers potential space to temporarily extend the authorization for surface transportation programs again as the infrastructure bill hangs in the balance.

The highway account had about $14.2 billion at the end of September, up from $10 billion the month before and reversing consecutive monthly declines since January, according to the Federal Highway Administration’s trust fund tracker updated Monday. The fund is the main source of federal financing for surface transportation programs. Its transit account had a $6.9 billion balance at the end of the month.

Lawmakers face an ...

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