FHWA quantifies FY2022 Infrastructure Investment windfall

Sources: U.S. Department of Transportation; CP staff The Federal Highway Administration confirms a 20 percent increase in funding apportioned to the 50 states and District of Columbia: $52.5 billion for fiscal year 2022, versus $42 billion for 2021 (October 2020-September 2021). Annual funding the agency disburses for the Federal-aid Highway Program is based on a statutory formula contained in the…

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