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Sen. Wyden Looking to Shore Up Highway Trust Fund

Posted By Admin User, Thursday, June 05, 2014

Sen. Ron Wyden (D-OR), Chairman of the Senate Finance Committee, has announced he is working with members of the tax-writing panel to come up with a plan by the end of June to rescue the Highway Trust Fund (HTF). The chairman has asked members to come back next week with revenue ideas so the panel can complete a bipartisan financing plan by the end of June. 

The Department of Transportation (DOT) has said without congressional action the HTF will be insolvent by the end of August. State and federal officials have warned a funding interruption would disrupt many construction projects and hurt the economy.  

Tags:  Department of Transportation  Highway Trust Fund 

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