Seattle

Eno Transportation Weekly

Category: HTF

CBO Updates 10-Year Cost of HTF Solvency to $176 Billion

May 2, 2019 – The nonpartisan Congressional Budget Office (CBO) today released updated baseline budget projections for the ongoing fiscal year 2019 and the ten-year period of fiscal 2020-2029. The new baseline estimates that the cost of keeping the Highway Trust Fund solvent at baseline spending levels (FY 2019 enacted levels plus annual inflation increases of around 2 percent per year) has risen to about $176 billion, which is about $12 billion higher than the $164 billion that CBO projected in its January 2019 preliminary baseline.

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