Ohio’s official unemployment rate has fallen to its lowest level in 13 years after employers added naerly 18,000 jobs in November.
Sen. Brown Open To Gas Tax Increase To Improve Highway System
The federal government is running low on cash to fund highway and bridge projects this year, and lawmakers in Washington have put together a set of competing fixes to the problem.
U.S. Senator Sherrod Brown wants a bill that keeps money flowing to projects for years to come.
Many road projects receive money from the Federal Highway Trust Fund, which uses cash gleaned from a nationwide gas tax.
But that tax doesnâ€™t raise enough funds anymore to maintain the countryâ€™s highways and bridges. Itâ€™s expected to run out not long after the end of August.
In the senate, Tennessee Republican Bob Corker and Connecticut Democrat Chris Murphy want to raise the gas tax by 12 cents a gallon. They say thatâ€™ll keep the trust fund in good shape for 10 years. They want to pair that with extending tax breaks.
Senator Brown says he wants a plan that keeps road maintenance funded for at least six years.
â€œGas tax is one of the ways, looking at other kinds of highway funding issues, and beginning to close these loopholes that oil companies enjoy…ending tax loopholes he says big businesses take advantage of,” Brown says.
Republicans have their own ideas. In the House, thereâ€™s a proposal to end Saturday postal delivery and use the savings to fund projects.
The site Roll Call reports some conservatives support reducing the gas tax over time, and letting states decide if they want to raise their own.
Republican Senator Rob Portman is leaning against raising the gas tax, and would rather give states the option to leave the federal program, but keep their federal tax money.