From Weekend Pundit:
David Starr comments on the Federal Highway Trust Fund, its original purpose, and how it is now being used for anything but maintaining our highways. He also has some suggestions about dealing with it now that the money is running dry.
Better, would be to shut down the Highway Trust Fund altogether. Lay off all the bureaucrats who run it. Cancel the Federal gasoline tax. Let the states, who do the roadwork, pay for road maintenance out of state funds. The states could even hike their gas taxes if needed. With the Federal gas tax removed, the states could take a much bigger bite without raising the price of gas.
Indeed.
Ayup. Too often I have to say “what is happening in DC is happening in Concord”; the politicians of BOTH stripes have created this man-made crisis – set up the Fund(s) for a specific purpose and unable to exert discipline over themselves to leave the monies alone and siphoned it off in multiple ways…