ATA Applauds New Federal Tax Rules, Pushes 20-Cent Gas Tax For Roads

Chris Spear, president and CEO of American Trucking Associations, told a Senate panel that the federal government needs to invest more into highway infrastructure to keep up with rising freight demand as transportation trade organizations commended Congress on approving tax reform.

“The Highway Trust Fund is projected to run short of the revenue necessary to maintain current spending levels by 2021, creating a huge funding gap that could force states to cancel or delay critical projects,” Spear said.

On Wednesday (Dec. 20), Spear spoke to the U.S. Senate Committee on Environment and Public Works’ Subcommittee on Transportation and Infrastructure.    MORE

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