From Study XVII, Exhibit 98

CBO projects Highway Trust Fund shortfall of $318B by FY2036

Source. CBO, Highway Trust Fund baseline, June 2026

Method and data

Method. Lines are cumulative shortfalls in billions of dollars (CSV values in millions, sign reversed, divided by 1,000) for the Highway Account, the Mass Transit Account and their sum, which is the combined_cumulative_shortfall_million_derived column. The Mass Transit line starts in FY2027 and the Highway Account line in FY2028, the first years the CSV shows a shortfall for each; the FY2026 row has end balances only.

Fiscal yearHighway Account cumulative shortfall ($ millions)Mass Transit Account cumulative shortfall ($ millions)Combined cumulative shortfall ($ millions, derived)
2026
2027−2,921−2,921
2028−11,914−13,910−25,824
2029−36,770−24,361−61,131
2030−61,427−34,730−96,157
2031−86,010−45,189−131,199
2032−111,140−55,436−166,576
2033−137,301−65,628−202,929
2034−164,399−75,612−240,011
2035−192,429−85,890−278,319
2036−221,400−96,468−317,868

Download federal-funding-calendar-11-highway-trust-fund-shortfall.csv

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