Eno report calls for new approach to highway funding.
A report from Washington, D.C.-based transportation think tank the Eno Foundation maintains that the Highway Trust Fund (HTF) is irretrievably "broken" and should be eliminated in favor of a new system of revenue streams or by dedicating a portion of the federal income tax to pay for transportation. The Eno report concludes that the HTF--which has continued to operate even though the 166,000-mile Interstate Highway System was officially completed in 1991--is "broken" and should be replaced by a more modern, sustainable funding scheme. Eno says that there are three potential solutions to replace the HTF: adjust spending to reflect lower revenue; adopt a hybrid approach that combines general funds and fuel tax revenue; and eliminate the HTF and pay for surface transportation through the U.S. General Fund.
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|Title Annotation:||LM management UPDATE: AN EXECUTIVE SUMMARY OF INDUSTRY NEWS|
|Publication:||Logistics Management (Highlands Ranch, Co.)|
|Date:||Jan 1, 2015|
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