Drivers Should Stop Subsidizing Mass Transit
Krit Chanwong The federal government uses the Federal Highway Trust Fund to administer funding to highways and mass transit. Unfortunately, the Congressional Budget Office projects that the trust fund will go insolvent in 2028. When this happens, all federal highway spending will face a 46 percent cut. One way to prevent the Federal Highway Trust Fund from going bankrupt is to raise the federal gas tax. Economist Jason Sorens advocated for this in a recent piece for Reason […]