v>Road construction projects in Illinois could be halted due to a stalemate in Congress over the Highway Trust Fund. The U.S. Senate left for a weeklong recess without voting on a bill that would replenish the fund for six months, costing $9 billion. U.S. Sen. Dick Durbin (D-Ill.) says quick action will be needed after the July 4 weekend. “We are literally days away from being insolvent in our federal Highway Trust Fund,” Durbin said.
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“I don’t want that moment to come when we shut down the Highway Trust Fund and say to the state of Illinois and every other state: stop your construction in place and let the politicians in Washington argue for a while.” The current Senate proposal would require changes to tax deductions for mortgages and inherited retirement accounts. Durbin says the suggestion from the Republican-controlled House was to replenish the fund by ending Saturday mail delivery from the U.S. Postal Service, a plan he called unrealistic.
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