I seem to recall that in Bush’s first term (early 2000s) the issue of falling bridges, poor roads, etc. came up and the “fix” was to open the spigot from this fund. The previous administrations had been collecting and not spending any money on infrastructure. The fund was reported to be “Overflowing” at the time. I remember signs popping up all over the place touting this spending.
I suspect the truth of the matter is that the “overflowing” money pot was a bunch of IOUs (Treasury Certs.)like in the Social Security “Trust Fund”. Congress had already raided it! Now they don’t have income to cover the IOUs anymore.
I may be off-base here, but some how I doubt it....