A local congressman has a new idea for how to pay for fixing crumbling roads and bridges across the country.
In the past, Congress has always allocated money to states, who then decide which local projects get done. But with money tight at the federal level, Congressman John Delaney, D-Maryland, has another idea.
He wants to set up a $50 billion federal fund, similar to a bank, from which local governments could borrow for local projects.
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Great! Now, they can move all that revenue O'Mally's administration created will all the new taxes into the General Fund.
ReplyDeleteIsn't it just great that a congressman would come up with a plan to borrow more from somewhere. Oh, I just noticed, he's a Democrat.
ReplyDeleteMaryland collects a gas tax, which by law is supposed to go to the counties and municipalities, but is annually stolen to balance the budget.
ReplyDeleteoh, ya, a new tax to replace the ones that were meant for this, but whose funds were stolen for the "general fun". Yeah, I want that not.
ReplyDeleteAnother big pot of money to spend adding to the debt that we can never repay. Could you please propose a bill that restricts gov't from using taxes collected for road repair for other things.
ReplyDeleteHe's a politican, so cut him some slack for being absolutely stupid and thinking the rest of us are, too. I'm not sure that ALL people do, but a lot of us pay something called taxes, fees, surcharges, levies, and fines to pay for all their new ideas. Where does he think the $50 billion will come from? And what will he do with all the tax money collected specifically for roads in each state? I'm sure he has lots of ideas for THAT. None of them good ones, but in his mind he's BRILLIANT.
ReplyDelete