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Tax Cut Will Devastate Highway Improvement

If anyone believed TEA-21 provided the transportation construction industry a chance to ignore Washington, D.C. for a few years until the next reauthorization debate began, the last few months must have been a severe disappointment. The new year is only six months old, but the transportation construction market has been under heavy attack. At the end of February, Sen. Ben "Nighthorse" Campbell (R-Colo.) introduced legislation to temporarily suspend the 24.4 cents-per-gallon federal excise on diesel motor fuel. The move was intended to provide truckers with some relief from rising fuel prices. The National Taxpayers Union went further, suggesting ...

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