Federal-Aid_Highway_Act_of_1956 Federal-Aid_Highway_Act_of_1956

Federal-Aid Highway Act of 1956 - Definition and Overview

The Federal-Aid Highway Act of 1956, popularly known as the National Interstate and Defense Highways Act, officially began on June 29, 1956, when a hospitalized Dwight D. Eisenhower signed this bill creating a $25 billion system of Interstate highways. The act created a trust fund that paid for 90% of highway construction costs, with the states required to pay the rest.

Example Usage of Federal-Aid

philosopher20: For Profit Private Colleges Rake In Federal Aid http://bit.ly/5RkRpv
ajmastrean: 1999: compliance with federal law consumes 20% of state spending. 2009: federal aid exceeds sales tax as #1 source of state revenue.
iknowiknowyup: @S_ClassENY only aid i got is federal aid to pay for school DONT JUDGE ME DJ-BEER ME!
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