WASHINGTON -- The White House is proposing to put the $30 billion of fuels tax revenues likely to be raised as part of the budget package into the highway and airport trust funds, where the money could be used after five years to finance highway, airport, and mass transit construction.

In remarks before the National Conference of State Legislatures late Tuesday, President Clinton said the issue of where to deposit the fuels tax revenues arising from a likely six-cents-a-gallon increase currently is being debated in the negotiations between House and Senate conferees over the $500 billion budget package.

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