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[quote user="henry6"] Let's see....does the highway trust fund operate at a profit?  Hmmm....must not be profit but return on investment....so I suppose it is measured not in money but rather in votes and other support. [/quote] The Highway Trust Fund (HTF) does not have a financial objective to earn a profit.  It is supposed to recover its costs through a variety of taxes and user fees.  The commercial users of the highways are expected to earn a profit by their owners, and they are likely to go out of business if they don't. In FY07 the HTF required an intergovernmental transfer from the general fund of $3.4 billion.  In FY08 it was approximately $8 billion.  The need for these transfers arose because the Congress has refused to raise the federal fuel tax, as well as associative fees, since approximately 1993, thereby depriving the HTF of the funds needed to maintain and expand the system.  The HTF could run out of money and, thereby, be unable to fund any maintenance or expansion of the highway system.  But it cannot go bankrupt.  A sovereign government does not go bankrupt; however, it can default on its financial obligations.
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