Heavy Duty Trucking Logo
MenuMENU
SearchSEARCH

House Passes Highway Fund Bailout

The U.S. House of Representatives Thursday passed legislation to put $8 billion into the federal Highway Trust Fund, which is running out of money

by Staff
September 12, 2008
2 min to read


The U.S. House of Representatives Thursday passed legislation to put $8 billion into the federal Highway Trust Fund, which is running out of money.


The House voted 376-29 for the legislation, which transfers a little more than $8 billion from the U.S. Treasury into the highway fund.

Hundreds of millions of dollars of construction projects have been put on hold as a result of Friday's announcement by U.S. Secretary of Transportation Mary Peters that federal-aid payments to the states would be withheld because of a shortage of funds.

"This was predicted in 2005 by the Department of Transportation - that within five years there would be a drop-off in revenues to the Highway Trust Fund because we had not increased the user fee," said Rep. James Oberstar, D-Minn., chairman of the House Transportation and Infrastructure Committee. "In a steady state, and with inflation in the construction sector, it was clear in 2005 that the trust fund would encounter revenue problems."

The Bush administration's proposed solution was to cut back on spending and transfer money from the fund's Transit Account, which has a surplus. "This transfer would not harm transit spending and would not increase the deficit," the White House said.

Transportation leaders in the House, on the other hand, argued for the $8 billion transfer on grounds that it was restoration of money that had been taken from the trust fund in 1998.

For more on the highway funding situation and the debate over highway funding authorization, see the September issue of Heavy Duty Trucking magazine.

More Drivers

Maverick Transportation Freightliner Cascadia.
Driversby News/Media ReleaseMay 12, 2026

Maverick Announces 2026 Driver Pay Raises

New raises for Maverick Transportation drivers will take effect on May 31, 2026.

Read More →
Alleged Ohio toll evasion truck.
Driversby News/Media ReleaseMay 5, 2026

Illinois Trucker Indicted for Nearly $22,000 in Ohio Turnpike Toll Evasion

Authorities say an Illinois trucker avoided paying tolls for two years, and now faces felony charges, possible prison time, and forfeiture of his Freightliner tractor.

Read More →
Illustration with trojan horse and lock with inside of cargo container in background
Fleet Managementby News/Media ReleaseApril 23, 2026

New Trojan Driver Cargo Theft Scam Bypasses Carrier Vetting Systems

Cargo theft rings plant operatives as drivers inside legitimate, fully vetted carriers, then execute coordinated thefts that look like a traditional straight theft from the outside.

Read More →
Ad Loading...
Female truck driver.
Driversby News/Media ReleaseApril 21, 2026

WIM, Trucker Path Name Top 3 Women-Friendly Truck Stops

ATA’s Women In Motion Council and Trucker Path highlight three truck stops that meet all seven safety-focused criteria and rank highest among female drivers.

Read More →
Illustration of driver medical exam paperwork over duotone background of a blood pressure check

FMCSA Extends Paper Medical Card Exemption … Again

Five states still aren't ready to accept commercial driver medical exam information directly from the medical examiner's registry.

Read More →
Mack Pioneer tractor.
Driversby Jack RobertsApril 10, 2026

Mack Launches Digital Driver Guide for Chassis-Specific Truck Info

Mack’s new, virtual owner’s manual delivers VIN-based, on-demand guidance for vehicle systems via web, app, and soon in-cab displays.

Read More →
Ad Loading...
Close-up of Western Star truck logo with red star emblem on chrome grille, representing the brand’s identity in the trucking industry.
Driversby News/Media ReleaseApril 6, 2026

Western Star Showcases Truckers' Pride and Skill

Western Star is expanding its Star Nation Experience in 2026, adding new competitions and dealer participation to highlight operator skills and promote careers in trucking.

Read More →
Photo of truck driver at podium holding award
Driversby News/Media ReleaseMarch 27, 2026

Best Fleets to Drive For: Two Carriers Earn Overall Award for First Time

CarriersEdge announced the 2026 Best Fleets to Drive For overall winners, with Crawford Trucking, Fortigo Freight Services, and FTC Transportation receiving top awards.

Read More →
Illustration of Department of Labor building, diesel technician at a computer, and driver training semi trailer
Driversby Deborah LockridgeMarch 10, 2026

Federal Proposal Would Allow Pell Grants for Shorter-Term Job Training

The Department of Labor plans to expand Pell Grant eligibility to some shorter workforce training programs, a move the American Trucking Associations said will help strengthen commercial driver training schools and diesel technician training programs.

Read More →
Ad Loading...
Illustration of truck owner operator and magnifying glass with the word "regulations"
Driversby Deborah LockridgeFebruary 26, 2026

Owner-Operator Model Gets Boost as DOL Proposes 2024 Independent Contractor Definition Reversal

For an industry that has watched this issue go back and forth for years, the independent contractor proposal marks the latest swing in the regulatory pendulum.

Read More →