Via AASHTO news release

The American Association of State Highway and Transportation Officials today commends President Obama’s proposed FY2016 federal budget, which includes $478 billion for transportation infrastructure investment over the next six years.

"We applaud the President and his administration for their leadership that has set the stage for a serious discussion about the next surface transportation bill," said Bud Wright, AASHTO executive director. "We know the hardest conversations will involve how to fund infrastructure investments. We look forward to working with the President and Congress on developing a new transportation bill supported by a long-term, sustainable source of funding."

The Federal Highway Trust Fund and the current surface transportation authorization are scheduled to expire May 31.