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A bi-partisan Congressionally-created commission has recommended a shift from motor fueltaxes to direct fees charged to transportation infrastructure users—i.e., a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The nation faces a crisis. Summary of revenue options. Click to enlarge.
Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.). Providing a toolkit for climate resilience. Energy Efficiency.
Establishing a new program to finance planning, design, and construction of high-speed rail. The Fund is replenished by revenue collected from motor fueltaxes. The existing transportation reauthorization act, which is financed by the Highway Trust Fund, expires on 30 September 2009. Highway account balance. Source: DOT.
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