Highway 35 has been wiped out by mudslides.
(I am not sure how long that page will be current, so just in case here is a screenshot of the page...)
There are a few pictures of the damage here.
Oh well. It is not like I needed that $400 anyway...
Here are some more links:
FOX 12 reporting
Hood River News reports
Maybe I get to test my Jeep's off-roading capabilities now. :) That Mt. Hood Fusion Pass - in hindsight - looks pretty good right about now...