Surface Transportation
- 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.
- Report
Testimony on Addressing the Long-Term Solvency of the Highway Trust Fund
Joseph Kile, CBO’s Director of Microeconomic Analysis, testifies before the Committee on Environment and Public Works, United States Senate.
- Cost Estimate
Division M of H.R. 133, the Consolidated Appropriations Act, 2021
As cleared by the Congress on December 21, 2020
- Report
Options for Reducing the Deficit: 2021 to 2030
CBO periodically issues a compendium of policy options and their effects on the federal budget. This document provides estimates of the budgetary savings from 83 options that would decrease federal spending or increase federal revenues.
- Report
Reauthorizing Federal Highway Programs: Issues and Options
CBO discusses choices about revenues and spending that lawmakers face in addressing the shortfall in the Highway Trust Fund as well as options for subsidizing state and local governments’ financing of highway projects.