Thursday, February 14, 2008

OBERSTAR LIKES TRANSPORTATION BILL

A large transportation bill is already working its way through Minnesota legislative committees. This year's version contains many of the same provisions from last year's bill which was vetoed by Governor Pawlenty because it increased too many taxes. Eighth District Congressman Jim Oberstar likes this year's bill and thinks Minnesota needs it. Oberstar said greater Minnesota will be hurt if the bill is not passed, tourism will suffer. Oberstar said there is a cost to failing to invest. This year's bill would increase the gas tax by 5 cents per gallon but would be indexed to inflation. According to House Republican Leader Marty Seifert, if inflation continues at 4% or more, the tax would be the highest in the country in 9 years and total more than 40 cents a gallon. The bill would also increase a metro-area sales tax and increase license tab fees for new cars.

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