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News iN brief,                     billion, 4-and-a-half-year bill, even   eral gas tax. The most recent short term
        Continued from page 10             though nobody really knows how it will   funding extension (borrowing from
                                           be funded.                         general revenues) expires March 31,
        ExpENSES EaTINg Up HIgHEr              The U.S. Senate and House will   and some lawmakers say they won't go
        raTES                              likely pass their respective versions of a   along with another Band-Aid fix.
            Despite a tight supply of trucks   highway and transportation bill, includ-   A new Congressional Budget
        to haul freight, many trucking com-  ing trucking safety measures, and send   Office forecast estimates the govern-
        panies report their inability to get rate   the bills to a conference committee this   ment will have to delay payments to
        increases from shippers, according to   spring. There, the conferees will negoti-  states beginning sometime in the 2013
        the transport advisory firm Transport   ate the two bills into one and send it   federal budget year, which could force
        Capital Partners (TCP). A recent survey   back to each legislative branch for an up   some projects to shut down construc-
        of trucking companies revealed that   or down vote sometime this year.  tion projects already underway.
        three-quarters of carriers plan to add   That’s the good news. The bad news   Mica called the House bill "the
        between 0 and 5 percent capacity for   is Congress has not been able to figure   most dramatic overhaul and reform to
        the foreseeable future.            out how to finance a long-term trans-  (transportation) programs since the
            This comes after a near 20-percent   portation bill in several years, prefer-  beginning of the interstate system" five
        reduction in fleet capacity during the   ring instead to simply borrow from the   decades ago. Among other things, the
        recession. "Carriers tell us that rates   general treasury and deposit the money   bill would consolidate more than 100
        are not covering investment risks or   in the Highway Trust Fund. This ‘deficit   programs into about 30, and take away
        covering the cost of the record prices of   spending’ strategy is simply driving up   much of the federal government's lever-
        new trucks," said Richard Mikes, a TCP   the national debt.           age over how states spend highway and
        Partner and survey co-coordinator.     Yet nobody in Congress can muster   transit aid.
                                           the political will to ask Americans to   Congressman Tim Griffin (R-Ark.)
        HIgHway BIll MovINg –              dig for a couple more pennies per gallon   called the House legislation “the most
        wITHoUT fUNDINg                    to invest in the nation’s infrastructure.  significant transportation reform bill
            Saying that watching his com-      “The nation’s infrastructure is   since our interstate system was cre-
        mittee hammer through an 800 page   not like fine wine,” commented James   ated in 1956” saying it “streamlines the
        transportation bill was like “being a   Welch, the CEO of YRC Worldwide to   federal bureaucracy by eliminating 70
        referee in a big food fight,” Rep. John   Transport Topics recently. “It’s not get-  programs, strikes spending mandates
        Mica (R-Fla.) applauded the final result   ting better with age.”     and cuts project review time in half.”
        his committee sent to the floor of the   Yet, nobody will propose an   Griffin particularly likes that Arkansas
        U.S. House of Representatives – a $260   increase, even a small one, in the fed-  should get a boost in the percentage of
                                                                              money it gets back from the fuel taxes
                                                                              paid.
                                                                                  Mica defended his bill as taking a
                                                                              large step toward many changes con-
                                                                              servatives have sought. The Senate bill,
                                                                              he said in an interview, is a "disaster"
                                                                              because it only lasts two years and
                                                                              leaves the highway program broke at the
                                                                              end of that time.
                                                                                  Sen. Barbara Boxer (D-Calif.), co-
                                                                              author of the companion but different
                                                                              Senate bill, said she was disappointed
                                                                              Mica didn't "reach out to Democrats"
                                                                              when writing his bill, but she remains
                                                                              hopeful that Congress can pass a final
                                                                              bill before the end of March.







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        arkansas truCking rePort | issue 1 2012	                                                                  13
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