President Obama's budget proposals include a run at taking year to year control over the amount of money set aside in the federal budget for infrastructure construction, in the form of eliminating the multi-year budget authority of Congress over the highway and aviation trust funds comprised of fuel tax revenues and traditionally set aside for road and airport construction use.
Obama's budget would dump this revenue back into the general funds and return annual budget and appropriations proposing authority of this cash to the White House. Congressional leaders on both sides of the aisle oppose these changes, especially since increasing energy conservation is expected to deplete these trust funds in the near future, requiring even greater effort to keep our infrastructure modern and well maintained.
Obama's budget would dump this revenue back into the general funds and return annual budget and appropriations proposing authority of this cash to the White House. Congressional leaders on both sides of the aisle oppose these changes, especially since increasing energy conservation is expected to deplete these trust funds in the near future, requiring even greater effort to keep our infrastructure modern and well maintained.
