On: September 18, 2020 | By:
According to current budget baseline projections the nation's Highway Trust Fund will be dry by next year. The Independent Congressional Budget (CBO) Office claims that without any congressional action spending will exceed income by $18 billion in 2021 and will grow to $502 billion in 2030. Over the nine year period CBO projects a Highway Trust Fund budget deficit of $2.3 trillion.
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