News

Transportation Leader Pleased President Backs Infrastructure Funding

Transportation Leader Pleased President Backs Infrastructure Funding

Photo: WNAX

 

President Obama is asking Congress for $ 300 Billion to update the nation’s roads and railways.  Soy Transportation Coalition Executive Director Mike Steenhoek says he’s pleased to see the President weigh in on the issue and sees that as helpful.

Steenhoek says the President knows to boost the nation’s economy it’s important to invest in infrastructure needs.

The President and Congress don’t want to raise gas taxes to make up for the Highway Trust Fund which is forecast to go broke in early August. Obama is proposing that half of infrastructure funding come from overhauling corporate taxes. Steenhoek sees that as only a short term fix.

Steenhoek suggests Congress look at indexing the fuel tax to the actual cost of road construction. He says as road costs go up or down, that tax could then adjust to it.

Recent Headlines

in Local

SD Legislators Looking for Government Benchmarks

state capitol pierre

The South Dakota Legislative Planning Committee spent several hours at their meeting this week talking about performance and benchmarks for state agencies.

in Local

Blessing on New Yankton Apartments

IMG_0572

The ribbon cutting and blessing of the new Yankton Heights Apartment building was held yesterday (Wednesday).

in Local

Survey Shows Economy Cooling

money in hand

The latest survey of the CEOs of Iowa's largest companies shows they're expecting the state's economy will be cooling off in the coming six months.

in Local

Website Shows How Nebraska Ranks

computer

Information on how Nebraska ranks among the states on a number of issues is only a click of the mouse away.

in Local

Fischer: The More, The Merrier In Presidential Race

2014 Fischer Official Photo

At last check there were at least sixteen Republicans running for president.