U.S. Transportation Secretary Anthony Foxx called on Congress to pass long-term legislation to repair U.S. highways and bridges, saying President Barack Obama’s administration views a short-term patch tied to Postal Service reductions as a gimmick.
While the world’s top cyclists prepare to race across the French countryside and charge up the Alps next month, disgraced former Tour de France champion Lance Armstrong may be watching from the offices of his law firm.
Raising the U.S. gasoline tax is out as a way to shore up the Highway Trust Fund. So is taxing drivers based on the number of miles they clock. A plan to use taxes on companies’ overseas profits hasn’t gone anywhere.