The Revenue Failure of the Highway Trust Fund

The Revenue Failure of the Highway Trust Fund
(Courtland Wells/The Vicksburg Post, via AP)

Introduction to the Highway Trust Fund The federal fuel tax was originally introduced in the United States in 1932 to balance the federal budget, but was later repurposed to fund the building, maintenance, and repair of the Interstate Highway System. Once married to transportation infrastructure, the fuel tax– administered on a per-gallon basis– was envisioned as a user fee so that all drivers paid for their own wear and tear on the roads.

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