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.
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.
Ex-champion cyclist Lance Armstrong, whose team was sponsored by the U.S. Postal Service, will have to face claims in a $120 million whistle-blower lawsuit that he defrauded the government by using performance-enhancing drugs.
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.