Obama Budget Proposes Tax On Corporate Foreign Earnings For Roads

President Barack Obama unveiled his annual budget Monday, which includes a proposition to tax corporate foreign earnings to fund the nation’s roads.

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Bipartisan Senate Bill To Raise Fuel Taxes For The First Time Since 1993

For over two decades, the federal fuel tax has held at 18.4 cents for gasoline and 24.4 cents for diesel per gallon sold. A bipartisan bill working through the United States Senate could soon change this, especially as the nation’s Highway Trust Fund — used for funding infrastructure projects — comes closer to running dry by August of this year.

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  • Wjtinfwb Rivaled only by the Prowler and Thunderbird as retro vehicles that missed the mark... by a mile.
  • Ravenuer Haven't seen one of these in years! Forgot they existed.
  • Pig_Iron I one of those weirdos who liked these.
  • SCE to AUX Inflation adjusted $79k today (!), so I guess $28k is a bargain....This is another retro car that was trying too hard, but it is very nice.
  • EngineerfromBaja_1990 It might provide an edge in city driving but from what I've read elsewhere the Hybrid trucks are 600 lbs to 700 lbs heavier than the gas only trucks. That translates to a curb weight of around 5000 lbs which is not uncommon for a full size truck.And a test drive suggested the Hybrid is not quicker than the gas only trucks. So it looks like the Hybrid powertrain is pretty much compensating in power for all that added weight while not providing significant fuel savings. Not what many would expect after shelling out an extra $5K - $7K for the next step up in power.