Any fuel-tax hike must come with "iron clad' provisions on misuse of funds for purposes other than highways, readers note -- meantime, the recent tax-hike bill's chances of passing?....
One primary problem with road and bridge improvements and expansions is that the Highway Trust Fund is going broke.
At the Commercial Vehicle Outlook Conference attendant to GATS, the bedrock trucking issues of energy and infrastructure funding were front and center.
The Government Accountability Office recommended creating a pilot program to research mileage fees targeted at creating new revenue for the Highway Trust Fund, echoing recently introduced House legislation.
The 12 percent tax on new truck purchases could be replaced with a diesel tax increase of 6.4 cents per gallon.
Bill links funding from energy production with highway infrastructure.
New regulations will increase truck cost, owner-operator pay expected to rise, natural gas trucks catching on and other industry news items are featured.
Federal taxes on diesel fuel, truck tires, heavy equipment and heavy-vehicle road use are set to expire Sept. 30 unless Congress acts.
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