4 ms·
This is true, but the highway trust fund is not funded exclusively by fuel taxes, it's funded from the general fund https://www.taxpolicycenter.org/briefing-bo
by notatoad 6y ago
This is true, but the highway trust fund is not funded exclusively by fuel taxes, it's funded from the general fund
https://www.taxpolicycenter.org/briefing-book/what-highway-trust-fund-and-how-it-financed https://www.taxpolicycenter.org/briefing-book/what-highway-t...
- URSpider94 6y agoIt’s worth noting that for over 50 years, the trust fund was fully self-sufficient with no general fund contributions. There’s been a shortfall in recent years because Congress is reluctant to increase the gas tax. As fleet fuel economy continues to increase, the tax revenue per mile driven continues to fall.