To: Shalom Israel
"What's unclear from this summary is whether the funds are allowed to be held in the form of US savings bonds..."![](http://webpages.charter.net/aircover/USAflag.gif)
Rubbish. What's clear is that Highway Funds aren't counted to offset our federal budget deficit.
Our Federal Budget is one thing (income tax and debt based in arrears).
Our Highway Trust Fund is a very different thing (gasoline tax based in advance).
36 posted on
08/10/2005 5:25:18 PM PDT by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Southack
Rubbish. What's clear is that Highway Funds aren't counted to offset our federal budget deficit.The question I asked was, "In what form are Highway Funds held?" If they're held in the form of US bonds, like the Social Security "trust fund", then the actual funds have indeed been spent and replaced with IOUs.
40 posted on
08/10/2005 6:26:46 PM PDT by
Shalom Israel
(Pray for the peace of Jerusalem.)
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