Senate approves $8 billion for highway trust fund

WASHINGTON (AP) -- The Senate is putting $8 billion into the highway trust fund in a move to stave off what could be crippling delays to federal aid for road and bridge projects around the country.

The Senate voice vote came two days after Transportation Secretary Mary Peters said the trust fund would go broke by the end of this month. The fund is made up of money drivers pay through federal gas taxes and is the main source of funds for transportation construction projects.

It has headed toward insolvency as people affected by high gas prices drive less and buy more fuel-efficient vehicles.

The bill is nearly identical to legislation passed by the House in July. The House is expected to act soon to send it to the president.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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