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June 16, 2021
The Highway Trust Fund: Who Pays for Highways?
With the unveiling of President Biden's proposed infrastructure plan in April, all eyes are focused on the continuing need for repair, maintenance, and construction of bridges, roads, and highways across the country. So, this is a good time to look at the decades old Highway Trust Fund and the ongoing gas tax. What is the Highway Trust Fund? What does it pay for? How much are gas taxes and what do they pay for? We have answers for you.