We can all relate to sitting in traffic. The frustration, the gridlock – it all seems reminiscent of Washington politics. In this new Congress, however, there is hope for movement and progress when it comes to updating our nation’s roads and highways.
The Highway Trust Fund is falling apart. Congress has bailed it out with over $70 billion since 2008 because spending is consistently exceeding revenues. Looking forward, spending plans are 30 percent higher than expected revenues for the highway account and are 50 percent higher for the mass transit account.