The Federal Highway Administration (FHWA) has been briefing members of the relevant House and Senate committees about the revenue shortfall in the Highway Trust Fund that could cause a slowdown in payments to states as early as mid-July.
The Obama administration has indicated that an infusion of $5 billion to $7 billion will be necessary soon in order to fully fund existing commitments through Sept. 30, 2009, or the end of FY 2009.