Tag: Ray LaHood

By on January 6, 2010

Cash for Clunkers was set up very quickly, and there hasn’t been an accounting of the administrative costs of the program. There also hasn’t been publicly available information about how contractors were picked to process the thousands of transactions that the program generated… My concern is the waste, fraud and abuse that may have resulted from the vulnerabilities that can come with such a quick start.

Senator Chuck Grassley sticks it to Transportation Secretary Ray LaHood, in a letter requesting a full accounting of the cash for clunker program. The DOT was all over fraudulent commercial practices during C4C, but this is the first investigation into possible fraud or overruns on the administration side. Why Grassley waited until now to look into this doesn’t exactly compute, but it will still be interesting to see the results of the audit. After all, could it even be possible that the government spent $3b in a matter of weeks on a consumer incentive without fraud of some kind taking place?

By on December 7, 2009

Just stop talking about pay-per-mile! (courtesy:dc.streetsblog.org)

Ray LaHood seems to think so. He tells the Dallas-Fort Worth Star-Telegram:

The problem we have is, Congress wants to pass a very robust transportation bill in the neighborhood of $400 billion or $500 billion, and we know the highway trust fund is just deficient in its ability to fund those kinds of projects. The highway trust fund was substantial at one time but now with people driving less, and driving more fuel-efficient cars, it has become deficient. To index the federal fuel tax, that’s something Congress is going to have to decide. As we get into the reauthorization bill, the debate will be how we fund all the things we want to do. You can raise a lot of money with tolling. Another means of funding can be the infrastructural bank. You can sell bonds and set aside money for big projects, multibillion-dollar projects. Another way is (charging a fee to motorists for) vehicle miles traveled. The idea of indexing the taxes that are collected at the gas pump is something I believe Congress will debate. When the gas tax was raised in 1992 or 1993, in the Clinton administration, there was a big debate whether it should be indexed. At that time, they thought there’d be a sufficient amount of money collected. Now we know that isn’t the case. That is one way to keep up with the decline in driving, and more fuel-efficient cars.

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By on November 12, 2009

“Just because you have money doesn’t mean you’re smart” has a new poster boy. According to The AP :

A man blamed a low-flying pelican and a dropped cell phone for his veering his million-dollar sports car off a road and into a salt marsh near Galveston. The accident happened about 3 p.m. Wednesday on the frontage road of Interstate 45 northbound in La Marque, about 35 miles southeast of Houston.

How many Bugatti drivers live in Lufkin?

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