Warning signs are flashing for America’s already-decaying highway infrastructure as a key transportation fund quickly runs out of cash.The Highway Trust Fund (HTF), which funds roads, bridges, and public transit, is set to be exhausted by 2028, according to a letter authored by more than 100 policy experts and economists and sent to Congress.
If the HTF were depleted, highway and transportation funding would face a 46 percent cut, resulting in project freezes and payment delays and forcing states to fund projects themselves, leading to tax increases on their residents.
“The gas tax and diesel tax … are no longer a sufficient source of funding for the Trust Fund,” a spokesperson for Republican Missouri Rep. Sam Graves, who heads the House Transportation and Infrastructure Committee, told the Daily Caller News Foundation.
“More vehicles are using less gas — or no gas, in the case of EVs — so not everyone
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