Auto analyst John Voelcker discusses the electric vehicle market in the U.S. on NPR. Ominous clouds belie the excellent sales figures for last year, and policies pushed by Trump only ensure that motor vehicles will continue to gulp more gasoline.
It's not funding Trump's much-talked-about infrastructure package, but the 2020 termination date of the FAST Act has state transportation officials urging Congress to hike fuel taxes to sustain the Highway Trust Fund.
Transportation for America recaps the first meeting in three years by the House Ways and Means Committee to address transportation funding. Chairman Paul Ryan decried the $63 billion bailout of the Highway Trust Fund but ruled out a gas tax hike.
Patch bills advanced in the Senate and the House on Thursday that would keep the Highway Trust Fund solvent through May 2015—good news for state DOTs that will see reduced federal reimbursements on August 1 unless a funding bill is passed soon.
A $10.7 billion funding plan to continue federal transportation spending at the current rate through May 2015 has been offered by Republicans in the House Ways and Means Committee. The General Funds transfer would be offset by "pension smoothing."