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AASHTO Journal

Highway Trust Fund to Remain Solvent until <br>2015, Says Congressional Budget Office

The Congressional Budget Office this week released its latest forecast of the Highway Trust Fund through fiscal year 2023, showing that the HTF will be able to fulfill its obligations through FY 2014.

Similar to its last forecast in August 2012 (see related AASHTO Journal story: bit.ly/AJHTFstory), CBO expects both the Highway and Mass Transit Accounts of the Highway Trust Fund to be unable to meet all obligations incurred at some point in FY 2015. In the near term, CBO estimates that the Highway Account will finish the current fiscal year (ending in September) with a balance of more than $5 billion, while the Mass Transit Account will end the year with a balance of just under $3 billion.

The CBO Highway Trust Fund estimates are available at bit.ly/CBOHTF.​​

2/8/2013
Questions regarding this article may be directed to editor@aashtojournal.org.