Funding: The Road Ahead

This article looks at funding challenges that await the U.S. Interstate Highway system as it celebrates its 50th birthday. The author suggests that at the current rate of spending there will be a $23 billion deficit at the end of 2009. Income from fuel taxation is expected to decrease as the number of more fuel efficient hybrids grows. Replenishing the Highway Trust Fund would require gas taxes of 10 to 15 cents per gallon. The author reports, however, that raising gas taxes is a hot political issue, and raising funds through tolling may be less difficult. A congestion-charging scheme similar to London’s has been gaining traction in some congested urban areas.

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 01031830
  • Record Type: Publication
  • Source Agency: UC Berkeley Transportation Library
  • Files: BTRIS, TRIS
  • Created Date: Sep 5 2006 7:48AM