by The Heritage Foundation
The Heritage Foundation
July 21, 2014
The Highway and Transportation Funding Act uses budget gimmicks and fuel tax hikes to continue funding a broken Highway Trust Fund (HTF). HTF was created to finance the construction of the interstate highway system, which was largely completed in the early 1980s. Now, HTF spends more money than its revenue from gas and diesel tax will generate – and more than a quarter of that spending goes to subways, streetcars, buses, bicycle and nature paths, and landscaping, at the expense of road and bridge projects. Transit consumes 17 percent of HTF dollars, yet accounts for little more than 1 percent of the nation’s surface travel. HTF spending should be limited to match available revenue, and spending diversions to non-road or –bridge related projects should be removed.



Heritage FoundationInsiderOnline is a product of The Heritage Foundation.
214 Massachusetts Avenue NE | Washington DC 20002-4999
ph 202.546.4400 | fax 202.546.8328
© 1995 - 2014 The Heritage Foundation