Answers to Questions for the Record Following a Hearing on New Routes for Funding and Financing Highways and Transit Conducted by the Senate Committee on Finance

June 9, 2014

On May 6, 2014, the Senate Committee on Finance convened a hearing at which Joseph Kile, Assistant Director for Microeconomic Studies, testified about CBO’s analysis of the status of the Highway Trust Fund and some options for financing highway spending. Some Members of the Committee submitted further questions for the record, and this document provides CBO’s answers.