more fuel efficient cars spell less money for mass transit
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

More fuel efficient cars spell less money for mass transit

Arab Today, arab today

Arab Today, arab today More fuel efficient cars spell less money for mass transit

New York - Arabstoday

Consumer Reports characterized this year’s North American International Auto  show as "the rise of the mainstream plug in hybrid," foretelling a definite trend that’s emerging among automakers: fuel-efficiency is becoming the name of the game. At issue is the federal gasoline tax, which at 18.4 cents per gallon, is one of the world’s lowest rates. This tax goes into the Highway Trust Fund (HTF), which was created in 1956 to finance highway construction nationally. In 1982, Congress expanded its scope to fund mass-transit as well. In short, gas taxes help fund mass transit, and today, the fund is being stretched beyond its limits. So, how are the two linked? At issue is the federal gasoline tax, which at 18.4 cents per gallon, is one of the world’s lowest rates. This tax goes into the Highway Trust Fund (HTF), which was created in 1956 to finance highway construction nationally. In 1982, Congress expanded its scope to fund mass-transit as well. In short, gas taxes help fund mass transit, and today, the fund is being stretched beyond its limits. According to the Economist, HTF revenues were down by one seventh between 2007 and 2010 alone; a combination of fewer miles driven by Americans, and in more fuel efficient cars. If this trend continues, it will have a significant adverse impact on an already shaky infrastructure, as the HTF accounts for 22 percent of all highway funding and 17 percent of mass transit funding.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

more fuel efficient cars spell less money for mass transit more fuel efficient cars spell less money for mass transit

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

more fuel efficient cars spell less money for mass transit more fuel efficient cars spell less money for mass transit

 



GMT 02:06 2017 Wednesday ,25 October

May22/Jun21

GMT 09:55 2017 Saturday ,30 December

rugby centre Fofana suffers new injury blow

GMT 08:56 2015 Sunday ,04 October

Nickel crisis rocks French islands in Pacific

GMT 01:34 2017 Wednesday ,18 October

Cameron makes case for Britain to join Syria air strikes

GMT 15:59 2017 Tuesday ,04 April

Slovakia must be part of European core
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday