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The Gas Tax Is Running on Empty

The gas tax won’t cover the cost of fixing crumbling highways

This summer, Congress will probably do what it does best: narrowly avert disaster by passing a quick fix to a big, long-term problem. This time the issue isn’t raising the debt ceiling or funding a budget. It’s keeping the country’s Highway Trust Fund from going bust. By early August the account will be so low on funds that the Department of Transportation will have to start cutting back on the billions of dollars it gives states for road and bridge construction projects. By the end of the month, the balance will be zero.