Answer:
False
Step-by-step explanation:
President Dwight D. Eisenhower has singed the bill as per which the Federal Aid Highway Act of 1956 was enacted. He himself increased the amount of the financial aid under this act from $700 million per year to $900 million per year. If the President would have felt that it is too costly, then he would not have increased the financial aid value from $700 million per year to $900 million per year.
Hence, the give statement is False.