President Biden has called on Congress to suspend the federal gasoline tax for three months, saving Americans about 18 cents per gallon at the pump.
Larry Booker, a minister traveling by vehicle across the country, said he decided to take his own vehicle as he believes the airline and car rental industry is getting hectic and expensive.
“In my trip so far, it’s cost $1,500 just for gas,” Booker said.
“Why not just restore the pipeline network? Why don’t we go back to where the nation produced all its own needs? We didn’t rely on any other nation for what we had. Why don’t we do this, if we could do it,” Booker said.
“It took me $90 to fill up half a tank,” he added.
Dr. Kam Movassaghi, DOTD director and professor at the University of Louisiana at Lafayette, UL, says the gas tax exemption is a political move that could hurt infrastructure improvement funds.
“The federal gasoline tax generates about $43 billion a year. And it is the money that is spent to maintain the interstate system. So when that $43 billion a year isn’t there. Where will this money come from? Are we going to borrow money? “said Movassaghi.
The United States has more than 160 highways and highways that are funded by the gas tax, according to Mavassaghi
He said the state gas tax will remain in place, however, when funding road projects, federal funding may be difficult to receive, which could affect Acadiana residents.
“In Acadiana, one of the projects I’ve worked on that a lot of people are working on is the I-49/Evangeline freeway. We still don’t have his upgrades. It is part of the interstate system. One of these days it will be built. And when it is built, where will the money come from,” said Movassaghi.
Movassaghi suggests residents continue to watch their spending.
“Eliminate the superfluous and stay with the bare minimum of necessity. And I hope the economy grows and inflation goes down. Then we will have more money to spend,” Movassaghi said.
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