Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
6/26/2014 9:00:00 AM Write a Letter to the Editor Write a letter to the Editor

Senate Panel Discussed Highway Trust Fund Patch


Corker, Wyden/Bloomberg

The Senate Finance Committee considered measures June 26 to help boost the Highway Trust Fund, which is in danger of running dry by August.

Sen. Ron Wyden (D-Oregon), committee chairman, had proposed an increase on the cap on vehicles exceeding 97,000 pounds from $550 to $1,100.  His plan was supported by Barbara Boxer (D-California), chairwoman of the Environment and Public Works Committee. But Wyden pre-empted debate over the tax in his opening remarks, agreeing to strike the truck tax in exchange for other bipartisan considerations.

Bob Corker (R-Tennessee) had called the plan a “complete sham.” Corker and Chris Murphy (D-Connecticut) have proposed increasing the gas and diesel taxes by 6 cents each year for the next two years. Their bipartisan plan is applauded by the American Trucking Associations. And, Sen. Tom Carper (D-Delaware) proposed an amendment June 25 that would provide annual 4-cent increases in gas and diesel taxes.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2014, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising

TFM

EMU
iTech
© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement