| Instead of a gas-tax holiday, Congress considers gas-tax hike |
|
|
|
| Written by Ed Morrissey |
| Saturday, 19 July 2008 17:51 |
|
John McCain couldn’t convince Congress to adopt his gas-tax holiday, but Congress does plan on making some changes to the rate. Unfortunately, the change will go in the opposite direction, if Democrats get their wish. With Americans driving less, the highway fund faces even more severe shortfalls than expected from lost gas-tax revenue — and so the Democrats plan to hike it up by ten cents a gallon:
The problem with the transportation bill isn’t a lack of funds, it’s a lack of fiscal discipline. Oberstar figures prominently in this, earmarking transportation funds for projects like bike and walking path, visitor centers, and other nonsense instead of focusing on the infrastructural needs he decries. Over twelve percent of the last transportation bill consisted of earmarks, with projects like a North Dakota peace garden, a Montana baseball stadium and a Las Vegas history museum. Pork is the cholesterol of infrastructure. Whenever Congress attempts to address legitimate infrastructure needs, it signals open season on the taxpayers. In that bill last year, over $8 billion got spent on earmarks — the same amount that Congress says will be the shortfall this year for transportation needs, and the deficit they need to erase by raising the gas tax. When gas was inexpensive, Congress could get away with that. Now that fuel prices have shot through the roof, taxpayers want relief, not a greedy Congress looking to get a piece of the action. If Congress demands sacrifice, then let it start with Congress and eliminate their pet projects from future transportation bills. The gas-tax holiday may be a silly idea, but a gas-tax penalty at this point in time has to set a record for political stupidity. Cross-posted at Hot Air. |




