image credit: Unsplash

Biden sends federal motor fuels tax packing, Washington insider says

June 29, 2021

President Joe Biden has thrust a dagger into the heart of the federal motor fuels tax and, with it, the trust fund that’s long been dedicated to paying for highway projects.

So says Randy Mullett, a multidecade veteran of the inside-the-beltway transportation wars and head of a Virginia-based consultancy. Biden’s staunch opposition to an increase in the federal fuels tax — which hasn’t been raised since 1993 — sends a clear message to Congress that the Highway Trust Fund, which for decades has used fuel tax proceeds to funnel money to states for road infrastructure projects, has reached the end of its useful life, Mullett said.

Read More on FreightWaves