Could fuel tax go for debt reduction?

Friday, October 14, 2011

Washington Notebook By Eric Kulisch The U.S. Congress will eventually be forced to follow the European model and raise highway fuel taxes to tackle the debt rather than dedicating revenue to transportation programs, Noël Perry, an economist who focuses on the freight sector, said during an industry conference this month. Transportation advocates have openly worried that Congress might abolish the Highway Trust Fund if it isn’t fixed so that enough revenue from gas and diesel fuel ...

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