A new report published by the Carnegie Endowment for International Peace proposes, among other things, a 5%-per-barrel tax on petro and the creation of the National Infrastructure Bank to cope with transportation budget cuts.
Former Senator Bill Bradley, former Secretary of Homeland Security Tom Ridge, and former Comptroller General of the Government Accountability Office David Walker authored a 129-page plan titled "Road to Recovery: Transforming America's Transportation." In it, the Democrat-Republican-Independent trio broach many urgent issues pertinent to America's transportation infrastructure, including the dwindling National Highway Trust, deficit spending, and rampant earmarks.
Daniel Ferry observes, "The centerpiece of the plan is a bold proposal to levy a tax on oil at the point of production or importation, and put a corresponding tax on fuel sold to consumers at the pump. [...] The tax burden, therefore, falls both on oil companies and gasoline consumers, and stabilizes the price of fuel at the pump within a narrow range."
Carnegie Endowment for International Peace is a nonpartisan global think tank founded in 1910.
FULL STORY: Carnegie Endowment Releases Plan to Reform Transportation Funding
Sustainability Expert Becomes Dean of USC’s School of Public Policy
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APA Releases its First Guide to Equity
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San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
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Can We Please Give Communities the Design They Deserve?
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The EV “Charging Divide” Plaguing Rural America
With “the deck stacked” against rural areas, will the great electric American road trip ever be a reality?
Judge Halts Brooklyn Bike Lane Removal
Lawyers must prove the city was not acting “arbitrarily, capriciously, and illegally” in ordering the hasty removal.
Engineers Gave America's Roads an Almost Failing Grade — Why Aren't We Fixing Them?
With over a trillion dollars spent on roads that are still falling apart, advocates propose a new “fix it first” framework.
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