Highway Trust Fund:

Condition and Outlook for the Highway Account

RCED-89-136: Published: May 9, 1989. Publicly Released: May 11, 1989.

Additional Materials:


Office of Public Affairs
(202) 512-4800

Pursuant to a congressional request, GAO reviewed the status of the highway portion of the Highway Trust Fund to determine whether: (1) the Highway Account balance exceeded amounts needed to meet outstanding commitments; (2) Congress could increase the current authorization for the Highway Account to allow a higher level of program activity; and (3) the Federal Highway Administration (FHwA) supported an increase in the authorization level.

GAO found that: (1) the balance in the Highway Account did not represent excess cash because FHwA used the balance to pay outstanding commitments; (2) FHwA expected Congress to extend federal highway programs beyond their present authorization period; (3) FHwA estimates that, if highway user taxes dedicated to the Fund and expenditures from the Fund terminate as scheduled in 1993, the account could have $7.4 billion in uncommitted funds, and Congress, consequently, could increase the level of commitment by the same amount; and (4) FHwA did not support increasing commitments because of the adverse affect on the overall budget deficit.

Nov 19, 2020

Nov 16, 2020

Nov 9, 2020

Oct 29, 2020

Sep 30, 2020

Sep 8, 2020

Sep 2, 2020

Aug 20, 2020

Looking for more? Browse all our products here