How Much Money Would a Gas Tax Increase Raise?
January 31, 2019 – The new CBO budget forecast allows us to estimate how much money would be raised by proposals to increase gasoline and diesel fuel taxes.
January 31, 2019 – The new CBO budget forecast allows us to estimate how much money would be raised by proposals to increase gasoline and diesel fuel taxes.
January 28, 2019 – The Congressional Budget Office today issued a revised Highway Trust Fund forecast estimating that about $165 billion in new taxes or bailout transfers will be necessary to keep the Trust Fund solvent at baseline spending levels for the next decade.
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January 25, 2019 – The Congressional Budget Office will release its annual Budget and Economic Outlook on Monday, January 28. This will be accompanied by CBO’s preliminary spending and revenue baseline for the fiscal year 2020-2029 period, the release of which should include an updated forecast of Highway Trust Fund cash flow for the coming decade.
January 23, 2019 – The all-too-regular budgetary shenanigans highlight once again that the nation’s aviation system should not be subject to the whims and uncertainties of political battles. It’s time for reform.
January 24, 2019 – Tens of thousands of members of the U.S. Coast Guard continue to go without pay while the partial government shutdown drags on, with 8,000 civilian workers missing their second paycheck Friday and 42,000 active-duty service members set to miss theirs if the shutdown moves into February.
January 25, 2019 – House Transportation and Infrastructure Committee chairman Peter DeFazio (D-OR) yesterday announced the lineup of chairmen of the six subcommittees of the T&I Committee for the 116th Congress.
January 25, 2019 – Both the spending and revenue sides of the federal-aid highway program are very carbon-centric. Is the present highway program compatible with a “Green New Deal”?
Tuesday, January 29 – Senate Environment and Public Works – full committee hearing on the nomination of Nicole Nason to be Federal Highway Administrator – 10:00 a.m., SD-406 Dirksen. Thursday, January 31 – House Oversight and Government Reform – full committee hearing on the impact of the government shutdown on…
January 22, 2019 – Buried in the back of the omnibus FY19 appropriations bill released by Senate Republicans last night was a removing taking new appropriations out of the Harbor Maintenance Trust Fund from the spending constraints of the Budget Control Act.