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Asphalt News

Updated: July 6th, 2009 09:39 AM EDT

$20 Billion Needed For Highway, Transit Projects

National Public Radio (NPR)

Sec. LAHOOD: The thing that I want you to know: There are a lot of people putting their heads together right now to figure out where to get $20 billion and how to pay for it.

CORNISH: Some senators want to use leftover stimulus funds to cover the shortfall, and there are all sorts of ideas for long-term funding, like raising the gasoline tax or taxing people based on the miles they drive. Either way, it would be a tax increase, so the president's 18-month plan would put that politically-unsavory debate safely aside until after midterm elections.

Audie Cornish, NPR News, the Capitol.


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