07-16-2014, 08:45 AM
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Too lazy to set a custom title
Industry Role:
Join Date: May 2001
Location: My network is hosted at TECHIEMEDIA.net ...Wait, you meant where am *I* located at? Oh... okay, I'm in Winnipeg, Canada. Oops. :)
Posts: 51,460
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Here, I'll pour some more gas on the fire...
From today's NYTimes
Highways Need A Higher Gas Tax
About 10,000 motorists die each year because of inadequate road conditions, and millions of other Americans waste large portions of their lives stuck in traffic or stalled trains. The enormous cost to society of poor infrastructure grows every year, and most of the blame can be placed directly on a Congress that refuses to collect and spend enough money to fix it.
On Tuesday the House made the situation worse with a sad excuse for a highway funding bill: A 10-month measure that keeps spending at an inadequate level and does not address the dwindling revenues that keep producing all-too-familiar cliffhanging crises. The bill pays for building projects through a series of budget gimmicks, including one that will probably result in companies underfinancing their pensions. Yet the Obama administration, desperate to avoid the cancellation of projects that would occur if the Highway Trust Fund runs out of money next month, decided to support the stopgap bill.
This crisis was entirely foreseeable and was brought about by the ideological refusal of Congressional Republicans to raise the gasoline tax ? the traditional method of paying for road projects, because it allows those who benefit from better roads to pay for them. The gas tax has been stuck at 18.4 cents a gallon since 1993, and during those 21 years it has lost 39 percent of its value to inflation. But Republicans, afraid of violating a no-tax-increase pledge they made to an extremist group, won?t touch it. ?I?ve never supported raising the gas tax,? Speaker John Boehner said last week.
By the NY Times Editorial Board.
Full article HERE>>>
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