Jump to Navigation
Home

Main menu

  • Home
  • News
  • Markets Map
  • Topics
  • Data
  • Comments
  • Images
  • Blog
  • About

Secondary menu

  • Latest News
  • Top Rated
  • Most Popular
  • Archive
  • Discussions
  • FIIs invest Rs 12,000 cr in stock market
  • Top cos add Rs 40,053 cr in mkt val; ONGC, SBI shine
  • The sector that finds the best stockpickers for you
  • Unitech to invest over Rs 500 cr to develop luxury housing
  • Green Deal debt may have to be repaid before property sold
  • MFs invest Rs 4.74 lakh cr in FY'13
  • Market to take cues from FIIs inflows, corporate earnings
  • FIIs invest Rs 12,000 cr in stock market
  • Behind Denmark's Eurovision win
  • Working conditions in the fashion industry: news and...

    Policymakers Refusal To Contemplate Higher Gasoline Taxes Has The Country On a Path To Disaster

    Thu, 04/14/2011 - 18:15 EDT - Mathew Yglesias
    • Comments
    • transportation
    • uncat


    Fail:
    Congress may have to consider a smaller highway-funding bill than initially planned because of a steep drop in revenue from the federal gasoline tax, Senate Finance Committee Chairman Max Baucus said Thursday. [...] Lawmakers haven’t reached a consensus on how to plug the gap. President Barack Obama and leading lawmakers have rejected increasing the 18.4-cent federal tax on a gallon of gas.
    I wouldn’t even necessarily mind this personally (even though it’s dumb regardless) if not for the fact that these “highway bills” aren’t really highway bills, they provide the meager funding streams the congress deigns to offer for most alternative transportation as well.
    You don’t win the future by cutting back on your physical infrastructure out of fear of taxing pollution. Just saying.


    • Original article
    • Login or register to post comments
     

    Related

    • Danger: Senate Highway Bill Gets Funding from Auto Tariffs

      The US Senate is poised to consider its version of the Surface Transportation Reauthorization Bill (S. 1813) this week, and last night the Senate Finance Committee signed off on the funding mechanism, drafted by Finance Chair Max Baucus (D-MT), for this multi-billion dollar piece of legislation.  According to published reports, Sen.

    • Democratic Sen. Baucus rules out 7th term

    • Obama enrages sci-fi fans, says he can’t ‘Jedi mind meld’ a budget deal in botched analogy

      WASHINGTON — A combative President Barack Obama blamed Republican lawmakers Friday for failing to stop automatic spending cuts that were to begin kicking in later in the day, arguing he can’t perform a “Jedi mind meld” to get Republicans to agree on a deal. Republicans said the fault was his, for insisting that increased taxes be part of the resolution. Obama, pressed on whether he bears some responsibility for the stalemate, expressed frustration and mixed his sci-fi metaphors.

    • Why More Support for Taxes Would Make a Freer Market

      Stanford’s Jon Krosnick explains that Americans believe climate change is real, believe it’s caused by human activity, and want to see it stopped—but they diverge from experts in how it should be done:

    • The Max Baucus Committee

      There's been a lot of anxiety over leaks outlining the compromises being made in the Senate Finance Committee's health-care plan.

    • Growing Frustration With Baucus Health Talks

      He's got the beet sugar.

    • LaHood Muses About Higher Gasoline Taxes

      The federal gasoline tax doesn’t bring in enough money to meet the country’s transportation spending needs. What’s more gasoline taxes are a good way of raising tax revenue—they’re economically efficient and environmentally beneficial. But of course nobody in politics wants to touch the idea of higher gasoline taxes. So it seems noteworthy that Transportation Secretary Ray LaHood was talking about the idea yesterday:

    • Baucus: 'Time to get the job done' on health care (AP)

      A Senate committee moved Tuesday toward a pivotal vote on a sweeping health care bill that fulfills President Barack Obama's top domestic priority. "It's time to get the job done," Finance Committee Chairman Max Baucus declared as he convened his panel for the long-anticipated action.

    • Committee Questions

      It's true that Ted Kennedy could only rack up his incredible list of achievements because he was elected as a young man and thus had the time to amass incredible seniority. The same goes for Joe Biden, or Max Baucus, or virtually any of the longtime committee chairmen who are still sharp enough to chair a meeting. Youth is only a bit less important in the eventual power of Senate candidates than in Supreme Court nominees, but it is discussed much less openly.

    • Senate Progressive Contemplating Rational Committee Assignment Decisions

      By divine right.

    Latest

    Seth Meyers Knocked Out Anderson Cooper On Saturday Night Live
    Seth Meyers Knocked Out Anderson Cooper On...
    Here's How A Successful Lawyer Knew For Sure She Was A Sociopath
    Here's How A Successful Lawyer Knew For Sure...

    User login

    • Create new account
    • Request new password
    • Click on the icon to sign in with your social network login or enter your Bullfax.com login

    Our Blog

    • Aviva steps up drive for cost cuts
    • Food Demand, JM Financial, UK Startups Incubator and Sina in Our News for Today 05/17/2013
    • Budget black hole at heart of George Osborne’s finances

    Markets Map

    Markets Map

    Follow Us

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS
    S&P 500: 1667.47 1.02% FTSE: 6723.06 0.52% Nikk.: 15138.12 0.67% DAX: 8398.00 0.33% HSI: 23082.68 0.17% FX: EUR/GBP: 1.1821 USD/EUR: 1.2833 JPY/USD: 103.165 Commodities: Gold: 1360.15

    Bullfax.com - Market News & Analysis 2008-2011
    Contact Us | About Us | Terms & Conditions

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS .

    Secondary menu

    • Latest News
    • Top Rated
    • Most Popular
    • Archive
    • Discussions