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Proposal to Index Federal Gas Tax Gains Momentum03-01-03 | News
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WASHINGTON D.C. ?EUR??,,????'??? Senate Environment and Public Works Committee Chairman James M. Inhofe R-Okla., backed the Associated General Contractors of America proposal to index the federal gas tax to the Consumer Price Index. ?EUR??,,????'??Indexing the gas tax to the Consumer Price Index will help raise the funding that our nation?EUR??,,????'???s highways and bridges need to be repaired, alleviate safety hazards on our roads and relieve congestion in metropolitan areas,?EUR??,,????'?? said Stephen Sandherr, CEO of the Associated General Contractors of America. AGC?EUR??,,????'???s proposal for highway reauthorization looks at several methods to increase highway funding when TEA-21 expires at the end of the current fiscal year.
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