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US Highway money to run out by August without intervention

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posted on Jun, 2 2009 @ 02:31 PM
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US Highway money to run out by August without intervention


news.yahoo.com

WASHINGTON – The Obama administration is warning lawmakers that the trust fund that pays for highway construction will go broke in August unless Congress approves an infusion of as much as $7 billion.

Sen. Barbara Boxer, chairman of the Senate Environment and Public Works Committee, said at a hearing the administration has told senators the Federal Highway Trust Fund will need an estimated $5 billion to $7 billion to keep current construction projects going.

The California Democrat said another $8 billion to $10 billion will be needed to keep the fund solvent through the year ending Se
(visit the link for the full news article)




posted on Jun, 2 2009 @ 02:31 PM
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Now THIS is the scary part:

Their top recommendation was to tax motorists based on how many miles they drive. That would require equipping cars and trucks with devices that use GPS technology to record not only how many miles the vehicle was driven, but whether the driving took place on interstate highways or secondary roads and whether it was during peak travel periods. The device would calculate the amount of tax owed and the bill could be downloaded.

A mileage-based tax system would take about 10 years to implement.

news.yahoo.com
(visit the link for the full news article)



posted on Jun, 2 2009 @ 03:19 PM
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Its a pipe dream. I think lots of American's are getting ticked off about the governments overbearing ways.

Especially with all these stimulus packages and bailouts that have been going on. This will never fly. What are they going to do force us to install a GPS tracker into our cars?

That is a clear violation of the 4th amendment. They might try but it won't fly.



posted on Jun, 2 2009 @ 03:39 PM
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We are the laughing stock of the world. This is just stupid. Especially since we just pledged $108 Billion to the IMF. You can read about that here.

www.abovetopsecret.com



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