Jack, Faced with yet another deadline – the expiration of the highway bill – Congress is working on a five-year, $260 billion highway bill. The bill does not contain any earmarks, but the massive price tag is cause for concern. It's paid for, in part, by the federal gas tax – that 18.4 cents-per-gallon you pay every time you fill up your gas tank. However, because the House transportation bill would raise spending above the levels of tax revenue being collected, there will be a significant funding gap. The Congressional Budget Office estimates $193 billion in gas taxes and other transportation-specific revenue will be collected over the next five years. Spending tens of billions more than you take in will lead to tax increases, deficit spending, a bailout of the transportation fund or a combination of all three. >> Find out how the House plans to fund this spending, and why it worries conservatives. This is about the larger picture, though. The highway bill is an opportunity to contrast President Obama's big-government plans with the conservative vision. Conservatives understand we cannot spend any more money – we cannot afford to grow government. President Obama believes government power – and spending your money – is the key to economic growth. Conservatives believe in the need to devolve responsibilities such as transportation back to the states, which will save money and increase flexibility. Conversely, President Obama believes federal mandates, along with higher taxes, are absolutely essential. >> Learn more: See how conservatives can win on the highway bill. The House highway bill does have some good reforms, but these are overshadowed by massive overspending and deficits or tax hikes required to fund the spending. As written, it is a missed opportunity for lawmakers to prove to the American people they heard the message of 2010, and paint a clear contrast to President Obama's vision for America. We must tell Congress it is time to act like conservatives; adhering to the promises of limited-government and reduced spending. By holding Congress accountable, we can set the stage for success in November and transformational conservative victories in 2013.
Sincerely, Michael A. Needham Chief Executive Officer Heritage Action for America |
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