Monday, August 15, 2011

Here it comes -- We need your social security for the auto-system

Here's a Tax That Ends Pain at the Pump - Carnegie Endowment for International Peace: "The U.S.’s national transportation program is broke. We borrow about $12 billion from the Treasury annually for the Highway Trust Fund. But our real annual transportation deficit is more than $100 billion when you include interest, deferred maintenance and other spending.

At the same time, the 55-year-old Interstate Highway System is crumbling and needs to be rebuilt, at an estimated cost of $2.5 trillion to $3 trillion during the next 20 years."

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