House GOP moving forward with proposal to use USPS funds for Highway Trust Fund House Republicans are constructing a proposal to keep thousands of roads and transit projects from grinding to a halt this summer by transferring funds into the nation’s nearly depleted Highway Trust Fund from the already money-losing U.S. Postal Service. But in […]
Washington, D.C., May 29, 2014 – The Greeting Card Association (GCA) issued the following statement in response to rumored efforts by House Republicans aimed at using the elimination of Saturday mail delivery as a “pay-for” to offset a bailout of the Highway Trust Fund: “Eliminating essential services like Saturday delivery in order to bail out […]
The United States Highway Trust Fund is a transportation fund which receives money from a federal fuel tax of 18.3 cents per gallon on gasoline and 24.4 cents per gallon of diesel fuel and related excise taxes.[1] It currently has three accounts, the Highway Account which funds road construction, a smaller ‘Mass Transit Account’ which […]