CBO To Release Updated HTF Forecast August 21

CBO To Release Updated HTF Forecast August 21

August 16, 2019  | Jeff Davis

The Congressional Budget Office is scheduled to release its annual summer update to its Budget and Economic Outlook on August 21.

Among many other details, the new update should include updated projections for Highway Trust Fund excise tax receipts and spending outlays and thus may give a clearer picture on how much longer the Trust Fund can keep going before it runs out of money some time in 2021.

ETW will send out an update based on the new data once it is released and we have a chance to digest it.

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