Gas Tax

Democrat Creigh Deeds is the man of the hour for many in the D.C. political establishment, having managed to upset a well-funded ally of the Clintons in the closely watched Virginia gubernatorial race.

In a sight that could become more commonplace by year's end, the state of Michigan is being forced to cancel $740 million in road and bridge repairs after its gas tax revenues fell short of the level required to secure matching funds from the federal government.

Another must-read from last week's Reuters Infrastructure Summit: Barbara Boxer, the California Democrat who will be responsible for shepherding the next transportation bill through the Senate, says she's open to a mileage tax and to indexing the gas tax to inflation to generate new revenue.

Yesterday, the Senate Committee on Commerce, Science and Transportation held a hearing about the future of national surface transportation. This much isn't in doubt: Current policies need a major overhaul. What to change and, especially, how to pay for it are very much in question.

Editor’s note: This year’s reauthorization of the federal transportation funding bill will be one of the most important opportunities in history for the nation’s advocates of livable streets, sustainable transportation and smart growth. But it’s going to be a complicated process. We’d like to demystify it for you, and to that end we’ll be featuring regular posts from Yonah Freemark, an independent researcher currently working in France on comparative urban development as part of a Gordon Grand Fellowship from Yale University. He is also the author of Streetsblog Network member blog The Transport Politic.

A bit of pre-Election Day fun: Here's a mock state-of-the-union speech drafted for the next President by "Gridlock" Sam Schwartz. Combining some ideas from Barack Obama's platform with some that no candidate would utter during a presidential campaign, he lays out a plan for infrastructure investment and how to pay for it:

U.S. Transportation Secretary Mary Peters said yesterday that due to declining gas tax revenues, the Highway Trust Fund would need to borrow money from its mass transit account to pay for road projects. Today's big news story was buried at the bottom of page A17 in the New York Times:

How obsessed is Washington with gas prices? Acting on a Streetsblog post from last week, a reader wrote Connecticut Senator Joe Lieberman urging him to support legislation that would bolster funding for Amtrak. In response, Lieberman's office sent a long, long form letter outlining the many ways the senator is -- you guessed it -- working to keep gasoline as accessible as possible.