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House Bill Would Up Fuel Tax By Over 10 Cents

Photo: Jim Park

Aiming to address both the lack of funding for the Highway Trust Fund and the lack of trust in finding a long-term solution for that, Rep. Tim Rice (R-SC) has introduced a bill that would hike federal motor-fuel taxes by 10.1 cents per gallon and index the new rate to inflation.

Alcoa Reports Higher Profit

Alcoa Reports Higher Profit

The second quarter corporate earnings season kicked off Wednesday afternoon, with numbers from the truck wheel and lightweight metals producer Alcoa Inc. (AA) showing mixed results.

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