Picks and Shovels
4:05 PM, Jul 1, 2014 • By GEOFFREY NORMAN
Another day, another national crisis. Yesterday it was immigration and another threat/promise to go it alone. Today, it is roads and bridges so, as Justin Sink at The Hill reports:
We had the stimulus spending, early in his administration, which was supposed to get people to work on “shovel ready jobs.” That turned out to be more difficult than anticipated since there weren’t very many shovel ready projects. Somehow, though, the money got spent.
Still, we are now heading toward an infrastructure crisis. The problem is that the Highway Trust Fund:
The tax may not have been raised and that may or may not count as dereliction on the part of Congress, but the money is still rolling in based on the old formula.
But, as always, it is never enough.
And unless there is more money, the people must pay in other ways.
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