Saturday, December 13, 2014

One of these plans sounds reasonable. Decide for yourself--------'Let's Make a Deal' Time on Road Funding?

'Let's Make a Deal' Time on Road Funding? [Michigan Capitol Confidential]
As the end of the legislative year draws near, motorists still wonder:
What sort of changes will the Legislature and governor make in the way the state funds its roads and highways?
Political observers in Michigan expect some sort of compromise among competing plans passed by the House and Senate, but the specifics are still lacking.

According to projections from the state and University of Michigan economists, under the House-passed road plan – which devotes $1 billion more to roads with no tax hike – school funding will increase from $11.5 billion in 2014 to $14.0 billion in 2023. 

With the Senate plan – which devotes $1 billion more to roads by doubling the state gas tax – the School Aid Fund would increase to $14.9 billion by 2023.

The Michigan Senate works out to 10 cents a gallon. 
The House alternative plan wouldn’t raise the price at the pump. 
The House plan gets rid of the sales tax that’s levied when motorists buy gas or diesel fuel and replaces it with one that would actually be used for roads.
Money from the current retail tax does not go toward road building or road maintenance.
Meanwhile, Gov. Rick Snyder wants a more aggressive gas tax hike than the House or Senate plans call for.
Snyder says the state needs to bring in $1.2 billion to fix the roads, and do so quicker than either plan would allow...

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