CBO

Government

CBO Says Highway Account of Highway Trust Fund Solvent Through 2023 Under Budget Request

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The highway account of the federal Highway Trust Fund would remain solvent until fiscal 2023 under President Obama’s fiscal 2016 budget request, the Congressional Budget Office determined this week.

Transport Topics
March 13, 2015
Government, Business, Safety, Technology

CBO Tracks Decline in Infrastructure Investment

Public spending on transportation and water infrastructure has gradually declined from a high of 3% of Gross Domestic Product in 1959 to 2.4% of GDP in 2014, according to a new report from the Congressional Budget Office.

Michele Fuetsch | Staff Reporter
March 4, 2015