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Trust Fund's 2008 Revenue Falls

Publication Date: 26-NOV-08
Author: Tom Ichniowski
Format: HTML

    
Description:
As Americans cut back on driving, federal motor-fuels taxes and other revenue flowing into the Highway Trust Fund dropped by $3 billion in fiscal year 2008, compared with the sum collected the year before, the U.S. Dept. of Transpor­tation reports. DOT Secretary Mary Peters warns that if traffic continues downward, the trust fund may show a shortfall sooner than anticipated. Other observers share that worry.
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