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.)

Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to Please provide detailed information.

powered by Disqus


6450 Papermill Drive Knoxville, TN 37919 Phone - (865) 450-8888; Fax - (865) 450-8869
Gray Television, Inc. - Copyright © 2014 WVLT-TV Inc. - Designed by Gray Digital Media - Powered by Clickability 28204224 -