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A gas tax hike would only preserve Washington’s culture of mismanagement and waste

Will this presidential election be the most important in American history?

Originally posted by Jason Pye at FreedomWorks.org

The federal Highway Trust Fund, after years of being raided by Congress to pay for wasteful transportation and extravagant infrastructure projects, faces a $160 billion shortfall over the next decade, which has some lawmakers from both sides of the aisle openly floating a bailout in the form of a gas tax hike.

The shortfall isn’t a problem created solely by wasteful spending, though it’s certainly a big part of the issue, as the trust fund has doled out billions for lawmakers’ pet highway and mass transit projects. A couple of other drivers that are exacerbating the problem, however, are the fact that Americans are driving less overall and the rise of fuel-efficient vehicles. Because raising the gas tax is politically unpopular, Congress routinely transfers money from the general fund to cover annual shortfalls.

Sens. Bob Corker (R-TN) and Chris Murphy (D-CT) have been the main figures behind the push to raise the gas tax. Last year, the lawmakers proposed a 12-cent gas tax hike, phased in over two years, also indexing it to the Consumer Price Index. The plan, according to The Hill, would’ve raised tax $164 billion over the next ten years. The proposal also called for “tax relief” through the renewing so-called “tax extenders” — many of which are tax credits, and, therefore, considered to be spending in real terms — or another unspecified plan.

Read more here.

Follow Jason Pye on Twitter @jaseliberty

Deneen Borelli

Deneen Borelli is the author of Blacklash: How Obama and the Left are Driving Americans to the Government Plantation. Deneen is a contributor with Newsmax Broadcasting. She is a former Fox News contributor and has appeared regularly on “Hannity,” “Fox & Friends,” “Your World with Neil Cavuto,” and “America’s Newsroom.” She has also appeared on Fox Business Network programs “Making Money with Charles Payne,” “The Evening Edit with Liz MacDonald,” and “Cavuto: Coast to Coast.” Previously, Deneen appeared on MSNBC, CNN, the BBC and C-SPAN. In addition to television, Deneen co-hosted radio programs on the SiriusXM Patriot channel with her husband Tom. Recently, Deneen co-hosted the Reigniting Liberty podcast with Tom. Deneen is a frequent speaker at political events, including the FreedomWorks 9.12.2009 March on D.C. which drew a crowd estimated at over 800,000 people. Deneen is also an Ambassador with CloutHub.com, a social media platform that promotes free speech, and with the America First Policy Institute (AFPI) which advances policies that put Americans first. Deneen testified before the U.S. House of Representatives Committee on Natural Resources in May 2011 and before the Ohio House Public Utilities Committee in December 2011. Previously, Deneen was a BlazeTV.com host, Outreach Director with FreedomWorks.org overseeing its Empower.org outreach program, a Project 21 Senior Fellow, and Manager of Media Relations with the Congress of Racial Equality (CORE). Prior to joining CORE, Deneen worked at Philip Morris USA for 20 years. During her corporate career at Philip Morris she worked in various positions, her last as Project Management Coordinator in the Information Management department where she was responsible for the department’s mandated quality processes, communications, sales information and database management. Deneen began her Philip Morris career as a secretary and advanced to positions of increasing responsibilities. Deneen worked full-time and attended classes at night for 11 years to earn her B.A. in Managerial Marketing from Pace University, New York City. Deneen served on the Board of Trustees with The Opportunity Charter School in Harlem, New York. She appeared in educational videos for children, worked as a runway fashion model, and auditioned for television commercials. Her interests include ancient history, pistol target shooting, photography, and volunteering at her church. Deneen currently resides in Connecticut with her husband Tom.

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