Today’s Gas Tax Is Unsustainable

    Would stricter fuel economy rules bankrupt transportation funding in America? The Congressional Budget Office seems to think so, but environmentalists are quick to say that the system was hurtling toward bankruptcy anyway.

    Under a new rule proposed by the NHTSA and the EPA, CAFE standards are expected to raise the average fuel economy of the new-vehicle fleet from 34.1 miles per gallon — the average anticipated for 2016 and beyond under current standards — to 49.6 mpg. That’s fantastic news for the environment, but for those counting on gas consumption to pay for essential infrastructure, a recent CBO study suggests it would be a disaster.

    Read full article at DCStreetsBlog

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