ASAToday for July 3rd, 2025

Vehicle Miles Traveled Tax Last Tuesday, February 2nd, the Senate confirmed Pete Buttigieg as transportation secretary.  The main source of federal money for highways and transit, the gasoline tax, has not been increased since 1993. Without additional revenue, the Highway Trust Fund will soon run out of money.  During his confirmation hearing and throughout his…

Defense Production Act – COVID-19 Tests Deployed President Biden signed the Defense Production Act (DPA) to contract with six diagnostics manufacturers in the coming weeks to rapidly produce inexpensive and reliable coronavirus tests for home and clinic use. The goal is to provide 61 million point-of-care or at-home tests by the end of this summer.   The…

CBO’s $15.00 Minimum Wage Report As President Biden attempts to increase the minimum wage to $15.00, it may be stymied by a new report from the non-partisan Congressional Budget Office (CBO), which stated that such an increase would boost jobless rolls by 1.4 million by 2025, even as 900,000 people get lifted out of poverty….