New Jersey Deal to Raise Gas Tax Faces Uncertain Senate

June 28, 2016

Jon Carnegie, executive director of the Alan M. Voorhees Transportation Center at Rutgers University, said it wasn’t immediately clear whether the proposed gas-tax increase would pay for all of the state’s transit and road needs. That would depend on timing and future spending decisions, he said.

Without an increase in funding for the transportation trust fund, New Jersey would be left with only enough money to pay for existing debt service and be in danger of losing federal subsidies.

Wall Street Journal, June 28

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