This should be a wake-up call for not just the lawmakers who have failed to raise the gas tax since 1993 or peg it to inflation, but also every voter. Locally we hear constantly from the group opposed to the use of tolls to pay for the Brent Spence Bridge or I-75 reconstruction, but the Highway Trust Fund has been bankrupt for many years and surviving on bailouts from Congress year-after-year.
Yes, of course it’s far past time to raise the artificially low gas tax, but it is also time to change the way in which we collect funds to maintain our system and add to its capacity. Instead of a simple tax on gasoline consumption, we should move to a tax that charges people based on how much they use our roadways, not how much they consume gasoline. More from The Hill:
The Department of Transportation (DOT) on Tuesday moved up its projected bankruptcy date for the trust fund that is used to pay for road and transit projects, saying it will now run dry by the end of August. The DOT has warned that the transportation funding shortfall could force state and local governments to cancel infrastructure projects scheduled to begin this summer because federal money will not be able to assist with construction costs.
The Highway Trust Fund is normally filled by revenue collected by the 18.4 cents-per-gallon federal gas tax. The gas tax has not be increased since 1993 and infrastructure expenses have outpaced receipts by about $20 billion in recent years as Americans drive less frequently and cars become more fuel efficient. The Congressional Budget Office has projected that lawmakers will have to authorize $100 billion in new spending in addition to the $34 billion that is expected to brought in annually by the gas tax to approve a new six-year transportation bill, which is the length being sought by infrastructure advocates.