Highway trust fund injustice

By William R Thomas

The US federal government is holding one of its periodic debates about highway funding. President Obama says that the federal highway trust fund, which is primarily funded by gasoline taxes paid by motorists, will soon run out. The House has pushed through a jury-rigged fix to keep funds flowing, and, by August, the Senate is expected to approve it.

The president and the New York Times editorial board say the problem is that the gas tax is too low: it hasn't risen enough to keep up with economic growth and inflation.

What they aren't mentioning is that the gas tax funds are actually still pretty adequate for highway and road projects: the problem is that over 20 percent of the fund these days doesn't go for roads and highways at all. Read more >

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Radio: David Kelley interviewed on the Atlas Shrugged trilogy

Atlas Shrugged fans will enjoy this casual behind-the-scenes look at the film trilogy. Joe Thomas, radio talk show host on 107.5 WCHV-FM (Charlottesville, Virginia) interviews Atlas Society founder David Kelley. David served as a script consultant to the trilogy. Listen now >