There's a shortage in the Federal Highway Trust Fund, according to the U.S. Chamber:
In February, the Bush administration forecasted that revenues for the Highway Account would fall short of meeting commitments made under the Safe, Accountable, Flexible, Efficient, and Transportation Equity Act: A Legacy for Users (SAFETEA-LU) by $3.3 billion during fiscal year 2009.
It's only going to get worse:
As Americans drive less and purchase less fuel, the Highway Trust Fund’s shortfall will continue to worsen.
And the funding ramifications are dire:
Because of the way the Highway Trust Fund pays out, the revenue shortfall could lead to federal funding cuts of approximately 34 percent for our state highway programs.
