Saturday, November 15, 2014

Transportation Funding: States Look To Their Own Resources

Congress has not agreed on a way to address declining fuel tax revenues, the primary source of funding road projects and maintaining existing roads. This has prompted some states to consider their own resources to raise revenues for roads.

*Michigan is considering a proposal to double its fuel tax by 2018.
*New Jersey legislators are holding hearing on a fuel tax increase.
*Some states have already increase fuel taxes: Indiana, Maryland and New Hampshire.

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