Stories tagged with gas tax

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Highway Trust Fund could need as much as $17 billion to stay in the black
June 3, 2009
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News broke yesterday that the Obama administration is telling Senators that the Highway Trust Fund — that pays for the projects approved in the transportation bill — will go broke by August if an emergency infusion of at least $7 billion isn’t approved. The system is broke, but it’s also broken. We need a federal transportation system that works, not the same broken thing at twice the price.

Crafting a vision for the future — and then paying for it
February 26, 2009
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As Congress moves towards the reauthorization of our transportation program, we can expect that one of the biggest challenges the federal government will face will be figuring out just how to pay for our vast transportation needs. After all, as Americans continue to drive less, revenues from the gas tax — which hasn’t been raised [...]

Road funds may fall by $2.6 billion over 6 years
October 16, 2008
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An economic downturn and falling gas tax revenue puts Virginia’s transportation system in a tough spot. (Associated Press — Larry O’Dell)

U.S. Rep. Jim Oberstar and future transit funding
October 14, 2008
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U.S. Representative James Oberstar, the chairman of the House Transportation and Infrastructure Committee, answers questions from the Kansas City Star about the challenges facing our transportation system and the role of transit in reducing greenhouse gas emissions and oil dependence.

Raise state gas tax, reform funding, or lose federal cash
September 19, 2008
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Michigan is facing a $342 million shortfall in its transportation budget that could prevent the state from getting $2 billion in federal money over the next three years, and state leaders have few options — other than raising the gas tax — for increasing revenue. (Detroit Free-Press — Editorial)

Paying for Roads
September 15, 2008
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The Washington Post editorial board argues that the next administration must think deeply about the transportation challenges facing the nation and come up with new and sustainable methods for funding infrastructure.

Md. transportation head delaying $1.1B in projects
September 12, 2008
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Declining gas tax revenue and a sputtering economy have prompted Maryland’s state government to delay $1.1 billion in transportation projects over the next five years. (Associated Press — Alex Dominguez)

Bush Calls for New Highway Tolls, More Private Funding of Roads
August 1, 2008
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Citing the growing problem of declining gas tax revenue, the White House throws its hat into the ring on transportation funding and argues that public-private partnerships and more tolls are the best solutions. (Wall Street Journal — Christopher Conkey)

Can you spare a dime a gallon?
July 31, 2008
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The U.S. government is facing a critical shortfall in its transportation budget, and the Denver Post editorial board is standing behind a 10-cent increase in the federal gas tax as a way to plug the holes in the dam.

DOT chief: Transportation funding needs fixing
July 30, 2008
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U.S. Secretary of Transportation Mary Peters talks about our “broken” federal transportation program, arguing that we need fewer earmarks, streamlined funding for projects, and a new source of revenue other than the gas tax. (Atlanta Journal-Constitution — Ariel Hart)

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