CBO Suggests Charging Drivers By The Mile 

An official from the non-partisan Congressional Budget Office told a Senate panel Tuesday that charging drivers by the mile would be an efficient way to help raise money to pay for highway infrastructure.

Joseph Kile, assistant director for microeconomic studies, told the Senate Finance Committee that "increasing the charges that users pay also could promote more efficient use of the highway system…by encouraging motorists to use highways only when the benefits of them outweigh the full costs of that use."

The Finance Committee is conducting a hearing entitled "Financing 21st Century Infrastructure."

Kile told the panel that the nation spends $160 billion annually on highways, with about $40 billion of that money coming from the federal government. Maintaining the current performance of the highway system, he said will require $14 billion per year above the current spending levels.

 

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