January 4, 2015

WE ARE ALL NEOCONOMIST NOW:

Incoming Senate committee chairman: Higher gas tax among options to replenish highway fund (Associated Press Jan. 4, 2015)

The incoming chairman of the Senate Commerce, Science and Transportation Committee says raising the federal fuel taxes is among the options under consideration to replenish the dwindling Highway Trust Fund.

Sen. John Thune of South Dakota says all options must be looked at to fill an enormous shortfall when the existing highway legislation expires in May.

Gas and diesel taxes haven't risen since 1993, resulting in perennial shortfalls in the fund that pays for most road projects.

Posted by at January 4, 2015 11:34 AM
  

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