CBO Sees Benefits in Taxing Motorists Based on Miles Driven
(CNSNews.com) – A new Congressional Budget Office study says taxing motorists based on the number of miles they drive would be a fair and “efficient” way to charge motorists for the real cost of using the nation’s highways. “Vehicle-miles traveled” taxes (or VMT taxes) also would provide a strong incentive for people to drive less.
CBO: Employment, Economic Output Not Expected to Recover Until 2016
(CNSNews.com) – The Congressional Budget Office estimates that the labor force – and thus economic output – will not return to normal levels until at least 2016, meaning that the unemployment rate will stay above normal for many more years.