Issue / Fuel tax

New Census Data Shows State/Local Revenue Loss from COVID Uneven and Less than Anticipated

New data from the Census Bureau released last week shows that the aggregate state and local tax revenue losses this year from COVID and...

Final Highway Trust Fund Tax Receipts Were Robust in FY 2020 – Suspiciously So

The books have closed on federal fiscal year 2020, which ended on September 30, and despite coronavirus and its effects on travel and...

Gasoline Production Plateau Continues at 10 percent Below 2019

Data from the Energy Department through the end of September continue to support the hypothesis that, post-lockdowns, U.S. gasoline...

Administration Befuddles Congress With Highway Trust Fund Revenue Estimates

As legislators and Congressional staff negotiate the parameters of what increasingly looks like a one-year extension of the FAST Act,...

Record of Briefing State Governors on Revised Eisenhower Highway Plan – November 3, 1955

This PDF file is a one-page memo to Treasury Secretary George Humphrey from Dan Throop Smith, head of tax analysis at Treasury, dated...

October 28, 1955 Cabinet Meeting on Highways

This PDF file contains documents relating to the October 28, 1955 Cabinet meeting. This was another meeting conducted in the absence of...

December 1955 Revised Eisenhower Highway Plan

This PDF file contains three documents, in order: A December 8, 1955 memo to Treasury Secretary George Humphrey from Dan Throop...

1959 Gore-Eisenhower Letters

This PDF file is an exchange of letters between Senator Albert Gore (D-TN) and President Eisenhower in the fall of 1959. Gore sent...

Highway Trust Fund Tax Receipts Rebound to Normal Levels

This morning, the Treasury Department published the monthly report of Highway Trust Fund tax receipts for July 2020, and those numbers...

U.S. Gasoline Production Stabilizes At 12% Below Last Year’s Levels

The latest weekly production reports from the Energy Department show that the production of gasoline by U.S. refineries and blenders...

June HTF Tax Receipts Were 41% Below Last Year

The Treasury Department issued its monthly report on Highway Trust Fund revenues this week, covering June 2020. Net tax deposits into...

HTF Tax Receipts Plummet in May

The Treasury Department has posted its Highway Trust Fund financial report for May 2020, and it shows (for the first time) the full...

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