WASHINGTON (AP) — The Obama administration have warned that political gridlock in Washington will lead to actual gridlock on roads across the country -- if lawmakers can't quickly agree on how to pay for highway and transit programs.
Transportation Secretary Anthony Foxx said Tuesday that states will begin to feel the pain of cutbacks in highway and transit aid, as soon as the first week in August — peak summer driving time. That's because the balance in the federal Highway Trust Fund is dropping and will soon dip below $4 billion.
That's the cushion officials say is needed for incoming revenue from fuel taxes to cover outgoing promised payments to states.
President Obama also raised the issue briefly in a Cabinet meeting Tuesday, and was expected to expand on it at an event later.
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