Fuel Tax Hike * USA - DOT Official Says No to
DOT's CFO stresses White House to raising motor fuel tax
Washington,DC,USA -The Journal of Commerce Online, by John D. Boyd -Apr 15, 2010: -- The Department of Transportation’s chief financial officer, Christopher Bertram, became the latest administration official to speak out against raising motor fuel taxes to bolster federal revenue and infrastructure spending... Asked about prospects for a new multiyear surface transportation bill, and whether he agrees that most analysts favor raising the federal gasoline tax, Bertram said, “I think the administration has been pretty clear that in this economic climate we don’t think a gas tax increase is appropriate”... So far, the administration has not offered a plan to raise targeted fees to fund a future multiyear transportation spending program. It has instead relied on the economic stimulus bill, which came out of general revenue, to boost transportation infrastructure spending in 2009 and this year, and proposed continuing that concept by establishing an ongoing fund starting with the next budget...
Labels: taxes policy
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