US President Barak Obama has proposed a US$302 billion (€219 billion), four-year bill to finance construction of surface transportation infrastructure. Among the policy objectives within the proposal is US$63 billion (€46 billion) to the US Highway Trust Fund, which the White House said would ensure its solvency for four years. The Highway Trust Fund is a ring-fenced budget for highway construction and renovation raised through a road fuel tax. The bill is also said to prioritise "Fix-It-First" investments - the most urgently needed repairs required to improve safety on roads, bridges subways and bus services, "with particular attention to improving roads and bridges in rural and tribal areas".
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