Bipartisan Efforts to Fund Transportation Without New Taxes
(Washington, D.C.) – While some in Congress have called for tax increases to compensate for a transportation funding shortfall, Senate negotiators appear unlikely to endorse such a move. Instead, they may be prepared to work with House leaders, who have endorsed a plan that pays for infrastructure improvements by cutting federal spending elsewhere. If no plan is enacted, federal funding for most infrastructure improvements is expected to run out next month – significantly complicating the efforts of states to address these priorities.
Daniel Garza, Executive Director of The LIBRE Initiative, released the following statement:
"It looks as if the Senate may finally be getting the message. Instead of tax increases, more elected officials are speaking about the need to cut spending first. Hopefully the House and Senate will soon act to fund necessary programs, within the framework of overall spending limits that work for American taxpayers. The White House should support such a bipartisan effort – which is clearly in the interest of the taxpayers. When the economy is as bad as it is now, the last thing working families need is higher taxes – especially on gasoline."