Tim Cavanaugh on Using Gas Taxes to Fund Public Transportation

There's not a lot to like in this year's federal transportation bill, or for that matter in any year's transportation bill. But as Managing Editor Tim Cavanaugh reports, there is one proviso that might get the lead out: The House version of the "American Energy and Infrastructure Jobs Financing Act of 2012" could end the Highway Trust Fund's transit account—a 1980s concoction whereby a fifth part of your federal gasoline tax goes to fund public transportation.