WASHINGTON (WIVB) – The clock is ticking on a fund that pays for road construction projects around the country.
The Federal Highway Trust Fund is running on empty. Unless Congress acts, it’ll run out of cash on July 31st.
That could delay projects in Western New York. Senator Charles Schumer says this year alone this area is getting $193 million from the fund.
“If it ran out, we’d lose hundreds of jobs, good paying jobs. Our highway infrastructure would be deteriorated, and it would hurt out economy. So let’s get this done. And I’m going to do everything I can to avoid for the first time a shut down,” Schumer said.
One reason the fund has dried up is fewer dollars from the federal gas tax as vehicles have become more fuel efficient.