Senators Offer Bold Plan to Increase Gas Tax
Published: Monday, 23 June 2014 16:24
U.S. Senators Bob Corker (R-Tenn.) and Chris Murphy (D-Conn.) unveiled the first bipartisan proposal to shore up the Highway Trust Fund by making changes to the federal motor fuels tax, which funds improvements to roads, bridges and transit systems. The proposal would create a long-term, stable funding mechanism for the Highway Trust Fund and enact tax relief for American families and businesses.
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Housing Production Falls 6.5 Percent in May
Published: Monday, 23 June 2014 16:01
Declines in both single- and multifamily starts pushed nationwide housing production down 6.5 percent in May to a seasonally adjusted annual rate of just over 1 million units, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. However, single-family permits, which can be an indicator of future building activity, rose 3.7 percent.
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