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The Obama administration is warning lawmakers that the trust fund that pays for highway construction will go broke in August unless Congress approves an infusion of money. Here's a look at the numbers that will shape the debate: ...more
June 3, 2009
The draining of the trust fund for highways, and an emergency transfer of general tax dollars into it, exemplify much of what is going wrong in Washington. ...more
September 16, 2008
Congress sent President Bush an $8 billion rescue package for the federal highway trust fund Thursday. The infusion comes as the trust fund, which relies on declining revenue from the federal gas tax, verges on going broke, threatening road and bridge projects in every state. ...more
September 12, 2008
The federal highway trust fund is running out of money, but the shortfall will not impact any road projects in Highlands County, according to the state Florida Department of Transportation. ...more
September 9, 2008
The federal highway trust fund will run out of money this month, requiring delays in payments to states for transportation construction projects, Transportation Secretary Mary Peters said Friday. ...more
September 6, 2008
Good-bye summer gas tax holiday. Hello, higher gas taxes. ...more
July 21, 2008
WASHINGTON - The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere. ...more
July 20, 2008
The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere. ...more
July 20, 2008
The Mississippi River pushed relentlessly past dozens of levees this month. Towns were submerged, their buildings tiny islands in murky water. Ducks paddled on ponds that had once been farmland. Some flooding was inevitable, given the force of the swollen Mississippi. But a poorly managed flood-defense system did not help. ...more
July 6, 2008
Now that there can be no doubt he will be the nominee of the Democratic Party, it is a certainty Barack Obama will be the next president of the United States. And just as certain is the reality that no one else who ran for the office, regardless of party, seems as capable as he does now. It is hard to imagine a set of circumstances that allow John McCain to wrestle a win from Obama. ...more
June 7, 2008
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