AASHTO Journal
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), 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.