States to lose federal transportation dollars.

• Position: News Briefs - Brief Article

The states were dealt a severe blow in January when the U.S. Treasury Department estimated a $9.1 billion (28 percent) reduction in federal transportation money next year because of lagging fuel tax revenues. The announcement signaled the reversal of the recent growth in federal transportation disbursements to the states, which have increased each of the last three years. Combined with mounting state budget deficits, the reduction in transportation...