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After ‘Fix,’ Trust Fund Still Not Out of the Woods

Publication Date: 8/5/2009
Author: Tom Ichniowski
Format: HTML

Description:
The faltering Highway Trust Fund has won a reprieve, with final congressional approval July 30 of a $7-billion infusion from the general fund. It is the second bailout for the fund in less than a year. But the relief only will keep the trust fund’s highway account solvent through Sept. 30 or perhaps a little beyond. After lawmakers return from their August break, they quickly must find still more money to shore up the fund past that date.

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