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  • Stalled auto sales pound dealerships in D.C. area 21 Nov 2008 13:28 GMT
    ... those sources — coupled with a crippled bond market and a shortfall in the Federal Highway Trust Fund — the state announced in September it was putting off $1.1 billion in transportation ...

  • Road projects delayed by Wall Street meltdown 20 Nov 2008 13:56 GMT
    ... rate on construction materials. To pay back Garvee debt, states access funds from the federal Highway Trust Fund. But that fund depends entirely on gasoline taxes for revenue and is being depleted ...

  • Americans logging fewer miles on the road 20 Nov 2008 03:30 GMT
    ... that quickly bounces back when fuel prices drop," says Transportation Secretary Mary Peters. The federal Highway Trust Fund, which relies on gas and diesel taxes, collected $31 billion in fiscal 2008, $3 ...

  • Both sides: Funding highway repairs will jump-start economy 18 Nov 2008 17:31 GMT
    ... shape. Under President Dwight Eisenhower in 1956, fuel taxes began flowing into the new Federal Highway Trust Fund, primarily to pay for the Interstate Highway System, without which today's economy would simply ...


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