The CBO score of the House surface transportation bill says that even with EV fees, the Highway Trust Fund needs an additional $150 billion in deposits in order to stay solvent for five more years at the increased spending rates under the House’s reauthorization bill.
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At a June 29 event at the Library of Congress, the Department of Transportation commemorated the 70th anniversary of the signing of the law financing the construction of the Interstate Highway System.
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The Federal Highway Administration recently updated its estimate of changes in highway construction costs, showing that such costs decreased by 2.2 percent in the October-December 2025 quarter (based on the prior quarter), but on a seasonally adjusted basis, costs increased by 1.2 percent.
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