Monday, November 08, 2010

Voinovich: We're Almost Out of Recession, Let's Raise Taxes on EVERYBODY

WASHINGTON, D.C. – U.S. Senator George V. Voinovich (R-Ohio) and Sen. Tom Carper (D-Del.) sent the following letter today to the co-chairmen of the National Commission on Fiscal Responsibility and Reform. The Highway Trust Fund needs $34 billion over the next six years to maintain the nation’s roads, and Sens. Voinovich and Carper urged the co-chairmen, Erskine Bowles and Alan Simpson, to consider raising the gas tax to replenish the Highway Trust Fund and improve our nation’s infrastructure.

Sens. Voinovich and Carper urged the commission to strongly consider the importance of transportation investment to job creation and the fact that the federal fuel tax has not been increased since 1993, when it was raised by 4.3 cents to 18.4 cents per gallon. The purchasing power of the current fuel taxes has decreased during this time; thus, the federal government’s contribution to the transportation system has continued to fall behind.
“This proposal will fix the transportation program’s major fiscal challenges. It will remove the approaching need for further General Fund transfers to the Highway Trust Fund, will provide additional deficit reduction, will supply essential investment for transportation infrastructure, and will create more than 750,000 jobs,” Sens. Voinovich and Carper wrote.
January can not come soon enough.  It is time for Grandpa Simpson to go home.  And people wonder why I call this dolt RINOvich.  Hey, you moron, you don't raise taxes during a recession.  Especially taxes that will raise the prices of EVERYTHING.  Sit down, shut up, and run out the clock.  &(%^%$#$&*()&*(^&#