Answers to Questions for the Record Following a Hearing Titled "Running on Empty: The Highway Trust Fund"
The House Transportation and Infrastructure Committee's Subcommittee on Highways and Transit convened a hearing at which Chad Shirley, an analyst at CBO, testified. This document provides CBO's answers to questions submitted for the record.
Chad Shirley, a principal analyst at CBO, testifies on the status of the Highway Trust Fund before the House Transportation Committee’s Highway and Transit Subcommittee.
- Working Paper
Modeling the Demand for Electric Vehicles and the Supply of Charging Stations in the United States: Working Paper 2023-06
This paper presents a simulation model of the markets for light-duty electric vehicles and the associated public charging infrastructure, as well as the network interactions between them.
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 by Nathan Musick, an analyst in CBO's Microeconomic Studies Division, to the National Tax Association's 52nd Annual Spring Symposium.
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
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.
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.
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.
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.