Saturday, May 03, 2008

McCain's summer gas tax holiday idea full of potholes

Who's going to pay for the road and transportation construction during Presidential candidate John McCain's proposal for a summer holiday from federal gas taxes?

Much of this revenue now goes to road construction. Will this construction just grind to a halt laying off all those workers? Will future traffic gridlock just get worse due to lack of funding for transportation infrastructure?

Or will construction continue and just be added to the federal debt?

It's so easy to just promise everyone the world and then add it to the debt. Maybe there is no consequence from adding to the debt. It's just like plucking money from the money tree.

Who is not thinking these things through all the way?

1 comment:

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