Rep. James Oberstar (D-MN) came out strongly in favor of a vehicle mileage tax (VMT) yesterday. Just two months ago Transportation Secretary Ray LaHood floated a similar idea, but was quickly shot down by the Obama Administration. The VMT was a bad idea in February and it’s a bad idea now. Below is what we wrote when the idea was initially suggested. The analysis is as applicable today as it was then: The VMT would fund transportation projects and increase conservation by increasing the cost of driving. It is unnecessary, …
The Wall Street Journal reported on Wednesday: “… FedEx may cancel plans to buy as many as 30 new Boeing planes should Congress pass a bill that would remove truck drivers, couriers and other employees at FedEx’s Express unit from the jurisdiction of the federal Railway Labor Act of 1926, the law which today also governs labor organizing at U.S. airlines… “It is exceedingly unlikely that we would purchase those airplanes” should Congress change the law, said FedEx spokesman Maury Lane. The legislation could cripple the company and eliminate the …
