Tuesday, April 15, 2014

Congressional Inaction on Road Funding Hits the States

Danny Howard

Tennessee has scaled back its plans for the summer construction. Arkansas officials have canceled 10 construction projects for this summer. South Dakota must decide soon as to whether to shorten their list projects.  Many States are hurrying up and turning in their paperwork as soon as they can to make sure they get their money.  

What is all the concern?  Federal money for highways and other transportation projects could dry up without congressional intervention.The trust fund has been the federal government’s main source of money for transportation projects since 1956.  The Highway Trust Fund is funded by federal gas tax of 18.4 cents per gallon for gasoline and 24.4 cents per gallon for diesel but has repeatedly run low in recent years. The general fund has come to the rescue since 2009.  To find out more about the different ideas Congress is discussing to solve this issue click here.

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