The House Transportation and Infrastructure Committee has proposed a new annual fee for electric vehicles to bolster the shrinking Highway Trust Fund. The fee aims to counterbalance years of stagnant gas tax revenues as electric vehicle usage rises. Critics assert that merely imposing fees fails to address the overarching issue of inadequate highway system funding, emphasizing that continuous debates on transportation funding without impactful changes have led to a cycle of stagnation. A call for innovative solutions is crucial to avoid repeating past mistakes in infrastructure policy.
Representatives on the House Transportation and Infrastructure Committee formally proposed an annual federal registration fee of $200 on electric vehicles on Wednesday, which chairman Sam Graves (R-Mo.) claimed could "save the Highway Trust Fund before it's too late."
Proponents of the move argue it's necessary in light of Congress's decades-long refusal to increase the gas tax, which makes up the Highway Trust Fund's largest revenue source.
It seems we may be doomed to repeat the same hearing every couple of years, like the movie 'Groundhog Day,' where nothing ever changes - until we flip the script and make radical, positive changes.
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