Letter advises State DOTs of impending Trust Fund deadline

From Transportation Secretary Foxx:

Last Thursday, I wrote here in the Fast Lane, that --because the current transportation law is due to expire on July 31-- we would have to suspend all reimbursements to States for road, bridge, and transit work on August 1, unless Congress acts in the 17 days before the law expires.

I also noted that, because the trust fund's highway account is rapidly running out of money, an extension of transportation authority won't buy us much time at all because we will have to implement cash management protocols next month. Again, unless Congress adds new revenue.

This morning, I sent letters to the 50 State DOTs, 5 Territory DOTs, and the Washington, DC, DOT advising them of those impending measures...

You can read more on our Fast Lane blog.