Politically Incorrect News and Views

Your Conservative home for 2nd Amendment, Political and National Discussion
 
HomeHome  RegisterRegister  Log inLog in  
Time & Date CST
html code for clock
Sight Supporters
free forum
Forum Theme Songs
Join the NRA
Latest topics
» 9MM Carbine
Tue Oct 08, 2013 9:14 am by Alley_Oop Mod/Admin

» JOE SCARBOROUGH, PIERS MORGAN: OBAMA SCANDALS PROVE GUN ADVOCATES AREN'T CRAZY
Sun Jul 07, 2013 6:13 am by UncleFrank

» California Approves $92M Ammo Tax To Combat Gun Violence
Sun Jul 07, 2013 6:07 am by UncleFrank

» Benghazi as Lazarus, Back from the Dead
Sun Jul 07, 2013 6:03 am by UncleFrank

» Georgia Gov. Deal orders Bibles returned to state-owned park
Sun Jul 07, 2013 5:57 am by UncleFrank

» STATE DOJ: BUSTS REVEAL UNPRECEDENTED CARTEL PRESENCE IN OREGON
Sun Jul 07, 2013 5:54 am by UncleFrank

» North Korea fires three short-range missiles as Japan envoy pays “secret” visit
Sun Jul 07, 2013 5:46 am by UncleFrank

» WHITE HOUSE OFFICIALS BLAME STATE FOR NOT DEPLOYING RAPID-RESPONSE TERROR UNIT TO BENGHAZI
Sun Jul 07, 2013 5:42 am by UncleFrank

» Obama Is No Richard Nixon
Sun Jul 07, 2013 5:37 am by UncleFrank

» Obama Keeps Eyes on The Prize in 2014
Wed Jun 26, 2013 7:50 am by UncleFrank

» Benghazi Ghosts Haunt Whitehouse
Wed Jun 26, 2013 7:47 am by UncleFrank

» Obama’s Constitutionally-Challenged Labor Board Silent After Losing Another Legal Battle
Wed Jun 26, 2013 7:44 am by UncleFrank

» 7 Things We Learned from the Benghazi Whistleblower Hearing
Wed Jun 26, 2013 7:43 am by UncleFrank

» Four More Things We've Learned
Wed Jun 26, 2013 7:41 am by UncleFrank

» Five Key Points from Today's Benghazi Hearing (So Far)
Wed Jun 26, 2013 7:39 am by UncleFrank

» DOJ: We don't need warrants for e-mail, Facebook chats
Wed Jun 26, 2013 7:38 am by UncleFrank

» When An Old Soldier Dies
Wed Jun 26, 2013 7:35 am by UncleFrank

» Presence of Malice: Against the Conservative Portrait of the President
Sun Jun 02, 2013 10:39 am by UncleFrank

» DEM SENATOR: 2ND AMENDMENT NOT 'ABSOLUTE' OR 'GOD-GIVEN RIGHT'
Wed May 22, 2013 3:07 pm by UncleFrank

» NRA Convention Protesters: Nice, Clueless, Unsure
Wed May 22, 2013 3:06 pm by UncleFrank

New Videos
Search
 
 

Display results as :
 
Rechercher Advanced Search
Forum

Share | 
 

 Obama Highway Plan Fuels Talk of Gas Tax Hike

View previous topic View next topic Go down 
AuthorMessage
Alley_Oop Mod/Admin
Admin
avatar

Posts : 15226
Join date : 2010-06-06
Age : 69
Location : Denton

PostSubject: Obama Highway Plan Fuels Talk of Gas Tax Hike   Mon Oct 11, 2010 6:11 pm

[You must be registered and logged in to see this link.]

Two former transportation secretaries who recentlyco-chaired a panel that proposes gas tax hikes and user fees to pay forgovernment transportation projects joined President Obama Monday as he called for a $50 billion immediate investment in roads, rails and runways.
And while the president has not endorsedthe proposals by ex-officials Norm Mineta and Samuel Skinner, someindustry experts insist gas prices will have to rise to pay for thegrand plans.
"These reforms and innovations will not becheap," said AAA President Robert Darbelnet. "All funding options mustbe on the table -- including an increase in the federal gasoline[You must be registered and logged in to see this image.]tax."
The current federal gas tax, which has remained unchanged since 1993, is 18.4 cents per gallon. Combined with state and other taxes, Americans pay an average of 48 cents extra on every gallon of gasoline -- any increase in the federal tax, based onproposals floated in the past, could easily push the price of regulargas to $3 a gallon.
In an election year, the Obamaadministration is not talking about the gas tax. A White House officialtold FoxNews.com the administration wants to fund the $50 billion investment -- a down payment on a broader six-year transportation program -- by closing tax loopholes for oil and gas companies and has not proposed any more fuel taxes.

But some say the kinds of investments the federal government is looking at, short- and long-term, may require a tax increase.
Jill Ingrassia, managing director ofgovernment relations and traffic safety advocacy at AAA, toldFoxNews.com that the tax loopholes Obama talks about closing might notyield enough.
"I think we've closed a lot of thoseloopholes in the last two (transportation bills). I don't know ifthere's a lot more to be gained in that area," she said.
Though AAA is not proposing a specific taxplan, Ingrassia estimated that the nearly $500 billion, six-yeartransportation budget being drafted in the House TransportationCommittee would require about a 25-cent-per-gallon gas tax increase tofund it.
"We have come to the conclusion after muchdiscussion that a gas tax increase likely is going to be necessarygoing forward," she said.
The reason analysts say a fuel tax may be necessary is that the Highway Trust Fund, the federal account that uses fuel tax revenue to pay for highway maintenance, has for thepast several years required infusions from other accounts. In otherwords, the trust fund can't survive anymore on fuel taxes alone -- atleast not at the current rates.
Prominent federal studies over the pastseveral years have drawn this conclusion and, in turn, called for a gastax hike. The National Surface Transportation Policy and Revenue StudyCommission in 2008 said federal fuel taxes should rise by up to 40cents per gallon over five years. The National Commission on SurfaceTransportation Infrastructure Financing called for a 10-cent increasein a 2009 report.
In the report released last week,the panel co-chaired by Mineta and Skinner suggested raising the fueltax in the short-term and then instituting a system that chargesAmericans for every mile they drive in the long-term.
The report estimated that the "gap" betweenwhat the federal government has and what the federal government needsfor transportation projects falls somewhere between $134 billion and$262 billion a year.
Without commenting on the contents, Obamatouted their report Monday as a "call to action demanding a fundamentaloverhaul of how America approaches funding and building our infrastructure."
Tad DeHaven, a budget analyst with the CatoInstitute, said it'll be politically tricky to talk about the gas taxin the current environment, but predicted there would be apost-election push to do so, even if not by Obama.
"I think there'll be a massive push for agas tax increase," he said. "That's not going to be anything that'sgoing to come up before November, but certainly after November it'sgoing to be discussed."
DeHaven, though, argued for more privateindustry involvement, claiming that the gas tax has only served tofinance a federal "slush fund." He said that part of the problemcontributing to the trust fund's red ink is that lawmakers peel awayhighway dollars for non-highway programs like mass transit, bicyclepaths, beautification projects and earmarks.
A Treasury Department report releasedMonday stressed the possibility of private investment as part of thecountry's broader transportation vision. The report noted "there iscurrently very little direct private investment" in America's highways and said that a proposed "National Infrastructure Bank" could set the stage for "greater private sector co-investment in infrastructure projects."
Obama did not go into detail Monday about how his transportation goals could be financed, saying only that it "will be fully paid for" and will not add to the deficit. But he stressed his plan as an administration priority and said the investmentis critical for America to keep its competitive edge.
"We invest less than half of what Russia does in their infrastructure. ... Everywhere else, they're thinking big," he said. "We can no longer afford to sit still."

_________________
ΜΟΛΩΝ ΛΑΒΕ - Benefactor Life NRA - Concealed Handgun Instructor Texas

EXPERIENCE IS WHAT YOU GET WHEN YOU DON'T GET WHAT YOU WANTED!

There are only two defining forces that have ever offered to die for you!
Jesus Christ for your soul and the American Soldier for your freedom!
Back to top Go down
http://texasconcealedhandguninstructor.com
 
Obama Highway Plan Fuels Talk of Gas Tax Hike
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» chia-obama.. lmao
» Letter to Obama
» WHERE ARE THE GIRLFRIENDS of OBAMA?
» naik highway kena potong ngan kapcai
» Obama vows to tackle VA problems, voices support for Shinseki

Permissions in this forum:You cannot reply to topics in this forum
Politically Incorrect News and Views :: FFC Forums :: General Discusions for The FFC :: The Political Arena-
Jump to: