Filed in Gasoline Tax
Friday, March 02, 2012
If you thought that getting a new federal transportation bill in place would be an easy and fluid process, think again. Any assumptions that meaningful progress would be occurring at this point is pretty much a pipe dream.
Wednesday, December 14, 2011
A report released by the Institute on Taxation and Economic Policy stated that "State lawmakers reluctant to update gas taxes have cost their states, on average, $201 million in annual revenues. These losses are exacerbated by the fact that the federal gas tax, which also supports state transportation projects, has lost 41 percent of its value since it was last raised in 1993."
Posted on 12/14 at 03:17 PM
Gasoline Tax •
Thursday, October 27, 2011
U.S. Chamber of Commerce President and CEO Thomas J. Donohue said the nation must spend more on infrastructure and mildly endorsed the need to increase the federal fuel tax, which stands at18.4 cents on gasoline, 23.4 cents on diesel and has been unchanged since 1993.
Monday, October 17, 2011
If the tax-adverse Congress can figure out how to pay for it, the stalled highway bill in Washington will pass at adequate funding levels to meet some of the nation’s dire infrastructure needs. That’s the word from Transportation Secretary Ray H. LaHood,
Tuesday, August 16, 2011
Be sure to mark September 30 on your calendar. That is the day the federal gasoline tax expires.
Thursday, July 21, 2011
Following a proposed multi-year transportation reauthorization by the Republican Leadership of the House Transportation and Infrastructure Committee, the Senate’s Committee on Environment and Public Works has unveiled an outline for its take on new legislation.
Tuesday, January 04, 2011
During the Lame Duck Session of the 111th Congress, U.S. lawmakers voted to extend federal highway and transit funding through a continuing resolution through March 4.
Thursday, December 02, 2010
The final version, which was released this week, did not change course on this proposal, with the commission, led by Alan K. Simpson, former Republican Senate leader, and Erskine B. Bowles, White House Chief of Staff under President William Clinton, making the same proposal to fully fund the transportation fund instead of relying on deficit spending.
Thursday, November 11, 2010
Even though the prospect of raising the federal gasoline tax has been described as a “non-starter” multiple times as a way of increasing revenues for the Highway Trust Fund and other sources of transportation funding, it appears to be back on the table again.
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Monday, October 18, 2010
Last week, AASHTO unveiled a proposal for Congress that it said would “convert the federal tax on gasoline and diesel fuel from a cents-per-gallon basis to a percentage basis, a mechanism that could raise revenues to pay for greater highway and transit investment if the price of fuel rises in future years.”
Posted on 10/18 at 07:45 AM
Gasoline Tax •