Despite trillion dollar stim bill, billions more needed for highways

This is sick. The president and the Democrats ram through a trillion dollar stimulus bill that is supposed to contain road building funds and yet, because of the recession, the regular highway fund is running out of money and needs more?

Christopher Conkey of the Wall Street Journal has the bizarre details:

The Obama administration said as much as $17 billion in additional federal money is needed to maintain roads and bridges over the next two years, underscoring the challenges policy makers face as driving habits change. The recession and gas-price increases over the past two years have caused many consumers to drive less and switch to more fuel-efficient cars. The result has been a fall in revenue from taxes on gasoline and vehicle purchases, which are used to fund state and local transportation projects.

The highway trust fund will need an injection of as much as $7 billion by September or states would not receive all the money they are counting on to finance construction projects later this year, the administration said.

In addition, the fund will need as much as $10 billion more, or roughly 25% of what it distributes to states each year for road work, in the 12 months after September, the administration said.

"The administration is working closely with Congress to solve this difficult problem and ensure that states have the resources they need to maintain our roads and highways," a White House spokesman said on Tuesday. He declined to offer any specific solution.

Whiskey, Tango, Foxtrot? Something like $27 billion more needed for "infrastructure" after all that malarkey about the stim bill fixing all those roads and bridges evil Republicans wouldn't?

We have a government run by morons.

Hat Tip: Ed Lasky



This is sick. The president and the Democrats ram through a trillion dollar stimulus bill that is supposed to contain road building funds and yet, because of the recession, the regular highway fund is running out of money and needs more?

Christopher Conkey of the Wall Street Journal has the bizarre details:

The Obama administration said as much as $17 billion in additional federal money is needed to maintain roads and bridges over the next two years, underscoring the challenges policy makers face as driving habits change. The recession and gas-price increases over the past two years have caused many consumers to drive less and switch to more fuel-efficient cars. The result has been a fall in revenue from taxes on gasoline and vehicle purchases, which are used to fund state and local transportation projects.

The highway trust fund will need an injection of as much as $7 billion by September or states would not receive all the money they are counting on to finance construction projects later this year, the administration said.

In addition, the fund will need as much as $10 billion more, or roughly 25% of what it distributes to states each year for road work, in the 12 months after September, the administration said.

"The administration is working closely with Congress to solve this difficult problem and ensure that states have the resources they need to maintain our roads and highways," a White House spokesman said on Tuesday. He declined to offer any specific solution.

Whiskey, Tango, Foxtrot? Something like $27 billion more needed for "infrastructure" after all that malarkey about the stim bill fixing all those roads and bridges evil Republicans wouldn't?

We have a government run by morons.

Hat Tip: Ed Lasky