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July 26: Obama Nixes Gas Hike, Fees from The Bond Buyer
- The Obama administration is opposed to a gasoline tax increase or mileage fee to generate revenue for the next multi-year transportation bill, but would support a number of public and private options including bond-related financing, Transportation Secretary Ray LaHood said Friday. "There is a path forward without raising the gas tax" that currently supports federal grants to states for transportation projects, LaHood said at a public-private partnership conference hosted by American Road and Transportation Builders Association.
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