Creative Ideas for Generating Funds
February 20, 2013 – Finally some creative ideas are being floating to finance infrastructure investment. According to NSSGA, the top Democrat on the House Transportation and Infrastructure Committee’s Highways and Transit Subcommittee, Rep. Peter DeFazio (Ore.), has proposed a slow and steady increase in the 18.4-cents-per-gallon federal gas tax rate by indexing it to the Consumer Price Index – or the U.S. Department of Transportation’s National Highway Cost Construction Index – and issuing 20-year bonds to cover near-term spending needs.
Published: Wednesday, 20 February 2013 17:32
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