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Highway Trust Fund shortage could cost state of Utah $400M

Transportation for America says in a new report that if Congress doesn't pass a new transportation bill, it will create a $47 billion hole in state and local budgets nationwide for projects scheduled to begin next year.

The Associated Press

4/30/2014

SALT LAKE CITY — An advocacy group for transportation spending says Utah could lose more than $400 million in federal money for highways and mass transit next year if Congress doesn't act quickly to prop up the Highway Trust Fund.

Transportation for America says in a new report that if Congress doesn't pass a new transportation bill, it will create a $47 billion hole in state and local budgets nationwide for projects scheduled to begin next year.

The nonpartisan group issued the study as the Obama administration sent to Congress Tuesday a four-year, $304 billion transportation bill intended to fix the trust fund that provides most U.S. transportation funding.

Utah Department of Transportation spokesman John Gleason told The Salt Lake Tribune (http://tinyurl.com/myz9wqm) the agency is optimistic the budget negotiations won't force any project delays.

Information from: The Salt Lake Tribune, http://www.sltrib.com


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