Trucking Exec: Higher Fuel Tax Needed to Pay for Roads, Bridges

Thursday, 08 Sep 2011 12:45 PM

By Greg McDonald

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
President Barack Obama should include more roads and bridges, and increased fuels taxes to pay for their construction, in the plan he unveils Wednesday night to create more jobs, says American Trucking Associations President Bill Graves.
 
Graves said the country needs “concrete proposals” from both Obama and Congress that do “more than pay lip service to our nation’s critical need for more jobs and better roads and bridges.” He also said it’s long past time for Congress to raise the federal fuels tax, which hasn’t been done since 1993. 
 
“For months all we’ve heard from the president, as well as members of Congress, is ambiguous calls for ‘more infrastructure spending’ without clearly and simply explaining how much is ‘more’ and where those funds are to come from,” Graves said.

This country needs Congress to make a decision on how to pay for our roads and bridges, and by simply expressing support for the idea of infrastructure without laying out details, the president and Congress are abdicating their responsibilities,” he said.
 
Graves warned against payment structures like public-private partnerships that he said don’t include “stable and reliable sources of funding.”
 
“Any private sector entity investing in infrastructure is going to be looking for a return on its investment and payments to the private sector will take money out of travelers’ pockets and put it into portfolios rather than pavement,” he said.
 
Instead, Graves urged the president and lawmakers to increase the federal tax on gas and other fuels and to plow the new billions that would be raised every year directly back into roadway construction.
 
“We strongly believe that policymakers should be honest about that tax’s ability to continue to fund our investment and increase it to the necessary levels,” Graves said.
 

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Top Stories

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved