Answers to Questions for the Record Following a Hearing on New Routes for Funding and Financing Highways and Transit Conducted by the Senate Committee on Finance
Report
On May 6, 2014, CBO testified before the Senate Finance Committee about the Highway Trust Fund and options for financing highway spending. Some committee members submitted further questions for the record; this document gives CBO’s answers.
On May 6, 2014, the Senate Committee on Finance convened a hearing at which Joseph Kile, Assistant Director for Microeconomic Studies, testified about CBO’s analysis of the status of the Highway Trust Fund and some options for financing highway spending. Some Members of the Committee submitted further questions for the record, and this document provides CBO’s answers.