State Road Projects Expected To Lose Federal Funding

Federal funding for state transportation projects across the nation is expected to reduce.

1 minute read

January 26, 2002, 6:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech


The federal government helps pay for road projects across the country through taxes on gasoline and truck and tire sales...Transportation officials said the decline is primarily a result of a smaller-than-expected collection of taxes on gasoline as well as a drop in the sales of trucks and an increase in the amount of gasahol sold in the United States. Gasahol, a blend of gasoline and ethanol, is taxed at a lower rate than gasoline.News of the revenue estimates has stunned transportation and budget officials across the nation."

Thanks to Congress on New Urbanism

Friday, January 25, 2002 in The Washington Post

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