Answer to a Question for the Record Following a Hearing on the Long-Term Solvency of the Highway Trust Fund
Report
The Senate Committee on Environment and Public Works convened a hearing at which Joseph Kile, CBO's Director of Microeconomic Analysis, testified. This document provides CBO’s answer to a question submitted for the record.
On April 14, 2021, the Senate Committee on Environment and Public Works convened a hearing at which Joseph Kile, the Congressional Budget Office’s Director of Microeconomic Analysis, testified on approaches to addressing the long-term solvency of the Highway Trust Fund. After the hearing, Chairman Carper submitted a question for the record about an annual fee on electric vehicles. This document provides CBO’s answer.