As Taxpayers for Common Sense wrote a few weeks ago, “the Highway Trust Fund’s looming insolvency is not just a transportation problem—it is a taxpayer problem.” There are three broad options at this point:
- Take billions more from all taxpayers (whether they buy gas or not) by deficit spending, transferring billions into the trust fund, and having all taxpayers pick up the tab
- Take billions more from taxpayers by raising revenues in some fashion (increasing gas taxes or establishing new taxes)
- Cut the size of the program’s spending down to the amount of revenue brought in each year and live within our means
Photo Credits:
- Photo by David Martin on Unsplash