To keep the Highway Trust Fund solvent in 2015, Congress would need to eliminate highway and mass transit spending from the fund, raise taxes on motor fuels by about 10 cents/gallon or transfer about $15 billion from the general fund, a Congressional Budget Office official told lawmakers Tuesday.

A combination of these options could also be used, Kim Cawley, unit chief of CBO’s natural and physical resources cost estimates unit, said at a hearing held by the House Transportation and Infrastructure Committee’s  highways and transit panel. CBO estimates the trust fund will have insufficient resources to meet its obligations starting in fiscal year 2015, which begins Oct. 1, 2014.

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