Does John McCain still want to give everybody a three-month holiday from paying federal gas taxes? The McCain-Palin website still says he does.
I checked today after Mary Peters, the US transportation secretary, announced that the federal Highway Trust Fund is running on fumes and will run dry even sooner than everybody expected -- maybe before the end of September. This money comes from federal gas taxes.
In the past, this money covered 80 percent of highway and bridge project costs.
Now the feds say North Carolina's reimbursement for road projects will be cut by 30 to 40 percent. That's a hit of at least $300 million in the coming year, unless Congress comes up with money to keep the Highway Trust Fund solvent. ...