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New road taxes may be necessary in the wake of high gas prices

According to James Ray, Acting Administrator of the Federal Highway Administration, the current system of deriving money for the upkeep of the nations roadways is "unpredictable and unsustainable." He adds, "Without a doubt, our federal approach to transportation is broken, and no amount of tweaking, adjusting or adding new layers on top will make things better." This view is understandable in the wake of record high gas prices, which are causing consumers to drive less and therefore produce less revenue from the gas tax. Ray has some ... Read more →

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