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Obama administration warns states that federal highway funds are nearly gone

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By Mark Felsenthal

Reuters

WASHINGTON — The Obama administration warned states on Tuesday that federal highway funds will be largely depleted in August, limiting the money states can expect to pay for road and bridge projects this summer.

The political stalemate in Congress over transportation spending means drivers will have to endure more potholes and detour around more unsafe bridges, delaying commutes, excursions and the delivery of products to market.

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