Tag Archive: gas tax

  1. Time to Ditch the Highway Trust Fund

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    In what has become the norm for transportation finance in the U.S., the national Highway Trust Fund is once again on the brink of insolvency. Everyone acknowledges that the federal gas tax meant to finance transportation infrastructure – and left unchanged since 1993 – can’t keep up with the country’s growing transport needs. And while low gas prices have state and national politicians mulling an oft-contemplated (but rarely successful) attempt to raise fuel taxes, it may be time to consider a completely different tactic. In the face of dwindling fuel tax revenue, state governments are trying new approaches to finance transportation improvements. Can these state experiments transform transportation at the national level? (more…)