January 30, 2015

Bangor Daily News: Roads in Maine–Well, Everywhere–Need More Than a 9-Month Fix

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The result? The Highway Trust Fund — which pays for both road and transit improvements — faces a $161 billion shortfall by 2024, according to the Congressional Budget Office. The Institute on Taxation and Economic Policy estimates that 78 percent of the shortfall is due to Congress’ inaction on the gas tax; 22 percent is the result of less gas tax revenue collected due to cars’ improved fuel efficiency.

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