Anthony Foxx, the US secretary of state for transportation, has said that the Highway Trust Fund that pays for road works funded by the federal government will begin bouncing cheques in August.
The prospect has prompted President Obama to warn that 700,000 workers will lose their livelihoods as a result of what he said is inaction on the part of Congress. Legislators have not yet agreed to provide emergency funding to keep the fund going until May, although a bill is presently passing through the House.
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