Surface Transportation
- Report
Options for Reducing the Deficit, 2023 to 2032--Volume I: Larger Reductions
CBO issues a volume describing 17 policy options that would each reduce the federal budget deficit by more than $300 billion over the next 10 years or, in the case of Social Security options, have a comparably large effect in later decades.
- Presentation
Government Spending on Public Transportation and Other Infrastructure
Presentation by Nathan Musick, an analyst in CBO's Microeconomic Studies Division, to the National Tax Association's 52nd Annual Spring Symposium.
- Report
Federal Financial Support for Public Transportation
In this report, CBO describes public transportation in the United States and explains how the federal government supports mass transit. The report also explains how financing subsidies provide additional federal support.
- Working Paper
Fiscal Substitution in Spending for Highway Infrastructure: Working Paper 2021-13
CBO provides estimates of how much state and local governments that receive federal grants for highway capital projects substitute that funding for their own spending on highway capital.
- Report
Answers to Questions for the Record Following a Hearing on Options for Funding and Financing Highway Spending
The Senate Committee on Finance convened a hearing at which Joseph Kile, CBO’s Director of Microeconomic Analysis, testified. This document provides CBO’s answers to questions submitted for the record.
- Report
Effects of Physical Infrastructure Spending on the Economy and the Budget Under Two Illustrative Scenarios
CBO examined two illustrative scenarios that would boost federal funding for a mix of types of physical infrastructure by $500 billion over 10 years. The two scenarios differ in how the additional spending would be financed.
- Presentation
An Overview of the Budget Treatment and Current Status of Major Transportation Trust Funds
The programs funded through the Highway Trust Fund are currently authorized through 2021. Activities funded through the Airport and Airway Trust Fund are currently authorized through 2023.
- Report
Testimony on Options for Funding and Financing Highway Spending
Joseph Kile, CBO’s Director of Microeconomic Analysis, testifies before the Committee on Finance, United States Senate.
- Report
Answer to a Question for the Record Following a Hearing on the Long-Term Solvency of the Highway Trust Fund
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.
- Blog Post
A Statement to the Congress on the Long-Term Solvency of the Highway Trust Fund
The opening statement of Joseph Kile, CBO’s Director of Microeconomic Analysis, on the long-term solvency of the Highway Trust Fund before the Senate Committee on Environment and Public Works.