Transportation Issues Daily
We know federal transportation funding is in bad shape. But the updated numbers from CBO are just downright depressing. The numbers were provided by the Congressional Budget Office during last week’s House Budget Committee.
Archive for the ‘Tax’ Category
Federal Funding: Don’t Read This, It Is Too Depressing
Friday, May 3rd, 2013Searching for Novel Approaches to Transportation Funding
Tuesday, January 22nd, 2013Innovation NewsBriefs
Vol. 24, No. 1
As we enter the New Year (and begin our 24th year of publication), the debate about transportation funding is taking a new turn. Talk of raising the federal gas tax has become muted and even the efficacy of the gas tax itself is being questioned. And no wonder: vehicles are becoming more fuel efficient, CAFE standards are becoming more stringent, vehicle use is leveling off, and hybrids and electric vehicles are expected to slowly but surely increase their market penetration.
The US Tolling Industry
Monday, December 31st, 2012INTERNATIONAL BRIDGE, TUNNEL, AND TURNPIKE ASSOCIATION Tolling Provides Answers to America’s Transportation Needs Q:Why do we need tolls to pay for roads and crossings?A: No matter how you slice it, federal and state fuel taxes are insufficient to support America’s highway infrastructure. Tolls provide a valuable source of revenue both to build new roads and […]
View this complete post...The Cracks in the Nation’s Foundation
Monday, December 10th, 2012The New York Times Sunday EditorialDecember 9th, 2012 Across the coasts of New York and New Jersey, hundreds of millions of gallons of raw and partially treated sewage are spilling into waterways and the ocean. The immediate cause is equipment damage from Hurricane Sandy, but as Michael Schwirtz recently reported in The Times, aging plants […]
View this complete post...Higher Gas Tax Unlikely to Gain Support in U.S. Congress
Tuesday, November 27th, 2012Innovation NewsBriefs
Vol. 23, No. 31
Although some infrastructure advocates are hoping to use the current budget negotiations to win support for an increase in the federal gasoline tax, the idea is unlikely to gain support in Congress or the Administration. While the 2010 Simpson-Bowles deficit-reduction commission proposed raising the federal gas tax by 15 cents/gallon as part of a broad deficit-reduction plan, neither House Speaker John Boehner (R-OH) nor Senate Majority Leader Harry Reid (D-NV) have endorsed the idea.
View this complete post...Is it Time to Talk About a Gas Tax Increase?
Friday, November 16th, 2012Innovation NewsBriefsVol. 23, No. 30 Reprinted from the National Journal’s Transportation Experts Blog, “Moving the Dial on the Gas Tax,” week of November 12 (Comment by Kenneth Orski, Publisher of Innovation Briefs) As one senior congressional aide confided to us, “I don’t see our constituents lobbying to raise the gas tax. The only people we […]
View this complete post...Negative Electricity Prices and the Production Tax Credit
Monday, September 17th, 2012THE NORTHBRIDGE GROUP by Frank Huntowski, Aaron Patterson, and Michael Schnitzer Executive Summary As a matter of both economics and public policy, no government production tax subsidy should ever be so large that it creates an incentive for a business to actually pay customers to take its product. Yet, the federal Production Tax Credit (“PTC”) […]
View this complete post...What do Americans Think About Federal Tax Options to Support Public Transit, Highways, and Local Streets and Roads?
Monday, June 25th, 2012MINETA TRANSPORTATION INSTITUTE Introduction Over the past several decades, the transportation revenues available from state and federal gas taxes have fallen significantly, especially in terms of inflation-adjusted dollars per mile traveled. At the same time, the transportation system requires critical—and expensive— system upgrades. Among other needs, a large portion of the national highway system requires […]
View this complete post...Advocates of Higher Spending Are Facing a Skeptical Audience
Thursday, May 17th, 2012Innovation NewsBriefs
Vol. 23, No. 17
“It is our belief that once citizens become aware of the significant costs and risks associated with a compromised transportation system operating at less than optimal capacity, they will feel more compelled to demand calls for action that will, in turn, prompt policymakers to act.”
View this complete post...The Fiscal Implications of the Senate Highway Bill (S.1813)
Friday, March 16th, 2012Innovation NewsBriefs
Vol. 23, No. 11
By a vote of 74-22 on March 14, the Senate passed an 18-month highway bill (S. 1813) reauthorizing the federal surface transportation program through the end of FY 2013. Twenty-two senators, all Republican, voted against the final bill.
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