Senate Committee Approves $8 Billion Fix for Highway Trust Fund

On July 10, 2008, the Senate Appropriations Committee approved the fiscal 2009 budget for the Department of Transportation, including $8 billion for the Highway Trust Fund to prevent a projected shortfall in revenues promised to states. The Appropriations Committee agreed to $66.8 billion for transportation in '09, a $2.1 billion increase over 2008 and $3 billion more than President Bush requested. The bill also fully funds the 2009 stipulations of the SAFETEA-LU act for federal highway and transit programs at about $51.5 billion combined.

Sources:
http://www.asce.org/pressroom/news/grwk/event_release.cfm?uid=5351
http://appropriations.senate.gov/transportation.cfm