Obama suggests tolls for interstate highways to raise fix-it funds
WASHINGTON, D.C. – The nation has nearly 47,000 miles of interstate highways. Some of those interstates are nearly 60-years-old. And like some 60-year-olds with a lot of mileage on them, these highways need some fixing up.
But Uncle Sam will run out of money in the Highway Trust Fund by July.
He uses the fund to collect 18.4 cents on every gallon of gas we put in our vehicles, and collections are going down as gas mileage goes up.
Allowing the states to collect tolls on the interstates is one solution contained in President Obama’s $302-billion transportation bill.
The Pennsylvania and New Jersey turnpikes already collect tolls, as do Virginia and Maryland along portions of I-95.
The Obama toll troll, just one more thing to drive you crazy.