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Will lack of Funding of Highway Fund Ultimately Impact Auto Sales?

2014-07-22 17:52:05| AutomotiveDigest.com - Automotive Industry News

The Problem:  Congress does not want to pass legislation that would give the Highway Fund a four year span to get our highways repaired and upgraded. The Significance:  When more bridges start falling down and deep pot holes are on the streets of major cities, consumers are start going after Congress and Interstate Highway Administration. What happened in Congress this past week? Large-scale package to finance construction &maintenance of transportation projects being punted into next year. Congress approve a 10-month patch, which will be depleted next month. Continued battling over how to fund even a temporary fix Proposal to boost gasoline tax by 12 cents a gallon over the next 2 years  triggered immediate resistance. See and read what the Wall Street Journal reported last week ___________________________________________________________ The Article Will lack of Funding of Highway Fund Ultimately Impact Auto Sales? appeared first on Automotive Digest.

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