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The Politicus
Jun 23, 2022 05:03 PM 0 Answers
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In 1956, the federal motor fuel tax was established, along with a dedicated pool of money for the construction of an interstate highway system. Those gas tax funds go into the "Highway Trust Fund".

Recently, Joe Biden has proposed a "tax holiday" to lower the price of gas. This would necessarily impact a "trust" the government has maintained for over sixty years.

Does the trust fund have the funds needed to cover the shortfall?

Is this simply an election year gimmick by a president whose disapproval ratings have broken all past records?

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