Obama Signs $7-Billion Rescue Measure for Highway Trust Fund

Obama Signs $7-Billion Rescue Measure for Highway Trust Fund

Fixing a looming problem in the Highway Trust Fund–at least for now–President Obama has signed legislation providing a $7-billion infusion for the trust fund’s highway account. The additional money, which will be transferred from the general fund, is expected to keep the account solvent through Sept. 30 or perhaps a bit longer.