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Cents per gallon. an excise tax. we say let s shift that down to 3.7 cents per gallon and allow the states institute their revenue stream however they wish, whether it s a sales tax or excise tax, whatever is best for them, and allow them to keep their money. currently the system is, they charge that gas tax of 18.4 cents. the state sends it to the federal government. they wait and beg for the federal government to send it back, and not only do they get just a portion of it back, they re told how they have to spend it. we re saying, you know what? that s not the way we need to do things in the future. let s let states collect it, spend it however they think is best for them. how much support have you really got for this? support has been growing over the last couple of weeks tremendously because of the revelation that the highway trust fund is in essence broke, and so i have to say, we have had maybe six, seven, eight cosponsors in the last couple of days added to our bill and it s ....
i think the thing folks need to remember is that trust fund is mainly support ared by a gasoline tax, a federal gasoline tax, 18.4 cents a gallon that hasn t been adjusted for 21 years. you have a fleet getting lower mileage. does anybody in their right mind believe we can maintain a world class interstate highway system on a 21-year-old federal gas tax? i don t think so. the uncertainty of this highway trust fund is affecting projectses all over the country. look at this. hot lanes won t be extended. improvements to ramps along 285 will have to wait. the state s entire transportation wish list will be on hold. that s what people go through every day here. the narrow lanes. the danger of it. ....
Secretary anthony fox say failure to fund repairs and improvements will cost americans in more ways than one. how many jobs potentially at stake here? we re estimating 700,000 jobs at rink. reporter: in 2011, commuters wasted $2.9 billion gallons of gas sitting in traffic costing the average consumer more than $800 per year, according to one study. the highway trust fund gets revenue from 18.4 cent per gallon gas tax. the tax has not increased to keep up with inflation since 1993. now, the clock is ticking, as congress debates how to prevent the fund from going broke next month. we need to be able to get those investments moved into filling gaps, reducing congestion, lowering travel times. improving the ability of the american public to move around and gooded to move around but that can only happen if congress acts. obtuse, states across the ....
The problem, cracks and leaning support columns. old underground pipes breaking in cities across the country causing major flooding. the president and transportation secretary anthony fox say failure to fund repairs and improvements will cost americans in more ways than one. how many jobs potentially at stake here? we re estimating 700,000 jobs at risk. reporter: in 2011, commuters wasted 2.9 billion gallons of gas just sitting in traffic costing the average consumer more than $800 per year according to one study. the highway trust fund gets revenue from an 18.4 cent per gallon gas tax. but the tax has not increased to keep up with inflation since 1993. now, the clock is ticking as congress debates how to prevent the fund from going broke next month. we need to be able to get those investments moved into ....
Of civil engineers gives u.s. infrastructure a d-plus. and 1 in 9 of the nation s bridges are structurally deficient. look no further than delaware for wahat the impact could look like. an emergency shutdown of the critical bridge. the problem, cracks and leaning support columns. old underground pipes breaking in cities across the country, causing major flooding. the president and transportation secretary anthony fox say failure to fund repairs and improvements will cost americans in more ways than one. how many jobses potentially at stake here? we re estimating 700,000 jobs at risk. reporter: in 2011, commuters wasted 2.9 billion gal bes of gas just sitting in traffic. costing the average consumer more than $800 per year according to one study. the highway trust fund gets revenue from an 18.4 cent per gallon gas tax. ....