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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (146685)	11/10/2008 1:02:25 PM
From: tonto	1 Recommendation Read Replies (1) \| Respond to of 173976

Gas tax revenues are down, there has not been an increase in the rate for many years so that is a cause of the problem.

To: longnshort who wrote (146685)	11/10/2008 1:04:05 PM
From: tonto	1 Recommendation Read Replies (1) \| Respond to of 173976

The Highway Trust Fund (HTF) was founded by the 1956 Highway Revenue Act. Prior to the HTF, funds were directed from the General Fund of the U.S. Treasury. Originally, the fund was dedicated solely to highways. Yet, the Highway Revenue Act of 1982 mandated a separate account to support mass transit. Effective April 1, 1983, a Mass Transit Account was created to receive a portion of the motor fuel taxes and receives about 2.86 cents per gallon of gas.