Number: 98-749 Title: THE TRANSPORTATION EQUITY ACT FOR THE 21ST CENTURY (TEA21) AND THE FEDERAL BUDGET Authors: John W. Fischer, Economics Division Abstract: TEA21 creates a new and complex environment for federal transportation policy. This report discusses the dynamics of the new relationship between federal spending for surface transportation, the highway trust fund, and the budget. The report also focuses on the possible effects of revised budget procedures for all transportation programs, not just programs reauthorized by TEA21. Pages: 15 Date: Updated September 4, 1998