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Federal highway funds running low

SPRINGFIELD -- Federal funding for Illinois' roads could be coming to a screeching halt if Congress does not act before August 1.
SPRINGFIELD -- Federal funding for Illinois' roads could be coming to a screeching halt if Congress does not act before August 1. Federal law does not allow the Highway Trust Fund to carry a negative balance.

So, as a result, the Department of Transportation will be forced to slow payments until there is enough revenue.

U.S. Senator Dick Durbin (D) was in Springfield urging Congress to find funding for the Highway Trust Fund. A letter has already been sent to the state saying that the federal government will not be able to reimburse ongoing projects.

Durbin says the fund helps pay for 75 percent of hundreds of infrastructure projects throughout the state. Senate Democrats have a bill to fund the Highway Trust Fund through the end of the year includes revenue offsets.

For every $1 billion spent on transportation infrastructure, it is estimated that 24,000 new jobs are created.
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