Gas tax is “running away,” says Governor Kaine (Va.)
At the State Summit on innovative Transportation Funding and Financing, the Governor of Virginia, Tim Kaine, says that as fuel efficiency increases, revenues from the gas tax decrease as if the gas tax is “running away.” He says the transportation funding “portfolio” needs to be “diversified.”(0:56)
June 24, 2008
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- High demand, but very low funding for transportation investments
- Federal power in transportation is “ridiculous,” says Transportation Secretary
- Ed Rendell wants Bloomberg as transportation secretary
- Governor George Pataki (R- NY) speaks on energy freedom and putting an end to foreign oil’s dangerous grip on America’s future
- President Bush speaks at the Department of Energy on the impact that Hurricanes Katrina and Rita have had on our petroleum supply, and promises that measures will be taken to make up for the shortfall.
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