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Rep. Earl Blumenauer’s bid to raise federal fuel taxes to pay for more investment in roads and bridges drew strong support from a wide range of interests, including American Trucking Associations.
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Rep. Earl Blumenauer, D-Ore., will introduce bills to raise federal fuel taxes, index them to inflation and test a vehicle-mile tax. The proposals, which Blumenauer is scheduled to discuss on Capitol Hill Wednesday, come as Congress begins to consider ways to revive funding for U.S. roads and bridges.
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With the House and Senate going to conference on a Water Resources Development bill, the way is clear for transportation committees in both chambers to take up reauthorization of the federal highway program.
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Pennsylvania Gov. Tom Corbett is expected to sign legislation passed by state lawmakers on Thursday providing $2.3 billion over five years for transportation, about a 40% hike, but it’s leaving some questions unanswered.
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Minnesota Gov. Mark Dayton and the Minnesota Department of Transportation have announced ten highway construction projects will receive funding through the state’s new $300 million Corridors of Commerce program.
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A congressional panel is recommending a comprehensive, multimodal approach to freight transportation with robust, sustainable funding from public and private sources. The bipartisan Panel on 21st Century Freight Transportation unanimously backs more spending on freight infrastructure – but does not take a position on where the money should come from.
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Two congressional leaders who have been working on tax reform for the past couple of years are getting closer to drafting proposals that could include renewed commitment to highway funding.
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Two trucking organizations have slammed a new study that calls for placing tolls on the nation’s Interstate system as a way to pay for improvements and repairs, calling tolling "a wildly unpopular concept" and just another name for a tax.
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Legislation has been introduced in the U.S. House to discourage any increase in the 12% Federal Excise Tax on the purchase of heavy-duty trucks and trailers, a measure that has been discussed as one way to raise more money for highways.
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President Obama proposed a tax reform deal that would include a big, one-time investment in infrastructure. In remarks Tuesday at an Amazon Fulfillment Center in Chattanooga, Tenn., Obama said he would support lowering the corporate tax rate from 35% to 28%, and to 25% for manufacturers.
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