Highway Trust Fund
It would also create new fees for alternative-fuel vehicles.
The massive, five-year, $305-billion spending bill doles out $281 billion to the beleaguered Highway Trust Fund, and also gives nearly $1 billion to NHTSA.
Buried in the new Federal Highway Bill, which has passed Congress, is a recommendation that states impose fees on electric vehicles.
ProPublica has put together a very deep look at the past, present, and future of the federal gas tax, and why it hasn't been increased since 1993. The article is a fantastic read.
"Right now, there are so many structurally deficient bridges in America that, if you lined them up end-to-end, they'd stretch from Boston to Miami."
Transportation was on President Obama's mind as he toured the Turner-Fairbank Highway Research Center in McLean, VA Tuesday. In a brief, 14-minute speech, the president touched on both car-to-car communications and safety technology, as well as the need to maintain funding for the rapidly depleting Highway Trust Fund. Aside from his speech, the president also sampled one of HRC's driving simulators (shown above), which he likened to "something like Knight Rider."
The United States Highway Trust Fund is getting closer to running out, and the federal government is scrambling to find a way to keep it in the black. The fund pays for a significant portion of the upkeep for the country's interstates, bridge repairs and some public transportation projects. It's currently backed under a two-year law that expires in September, but Secretary of Transportation Anthony Foxx claims the actual money in
Oh, the gas tax, always a contentious issue. We've covered it throughout the years but now the Congressional Budget Office is reminding us that the time has come to move well