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Tag: CAFE standards
Roadbuilding
Lawmaker looks to crude oil tax, indexed diesel tax for Highway Trust Fund solution; Plan would remove gas tax
As the Highway Trust Fund’s insolvency looms, Rep. Peter DeFazio (D-Ore.) has introduced a highway funding plan that would repeal the federal gas tax in favor of other funding options, like taxing oil barrels and indexing the diesel tax to inflation and fleet fuel economy. DeFazio’s Repeal and Rebuild Act is designed to be a […]
June 17, 2014
Roadbuilding
Highway Trust Fund $365.5 billion in debt by 2036 – AED report
Highway Trust Fund (HTF) shortfall will be in the coming decades. The report, conducted for the Associated Equipment Distributors (AED) by William and Mary University‘s Thomas Jefferson Program in Public Policy, forecasts that over the next 23 years the Highway Trust Fund will run up a $365.5 billion deficit. The number may be new but […]
February 22, 2013
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