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	<title>Comments on: A Pattern of Failure: As Debt Grows, Political Resolve and Gas Tax Shrink</title>
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	<link>http://blog.tstc.org/2007/12/14/a-pattern-of-failure-as-debt-grows-political-resolve-and-gas-tax-shrink/</link>
	<description>News and opinion from the Tri-State Transportation Campaign</description>
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		<title>By: New Report Plumbs Depths of New Jersey&#8217;s Transportation Crisis &#124; Mobilizing the Region</title>
		<link>http://blog.tstc.org/2007/12/14/a-pattern-of-failure-as-debt-grows-political-resolve-and-gas-tax-shrink/comment-page-1/#comment-4103</link>
		<dc:creator>New Report Plumbs Depths of New Jersey&#8217;s Transportation Crisis &#124; Mobilizing the Region</dc:creator>
		<pubDate>Thu, 11 Mar 2010 20:24:33 +0000</pubDate>
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		<description>[...] over the past two decades, it increasingly became a vehicle for short-term and long-term debt (MTR previously recapped much of this history). In 2006, then-Gov. Corzine continued this trend by refinancing the [...]</description>
		<content:encoded><![CDATA[<p>[...] over the past two decades, it increasingly became a vehicle for short-term and long-term debt (MTR previously recapped much of this history). In 2006, then-Gov. Corzine continued this trend by refinancing the [...]</p>
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		<title>By: Bill Vigrass, WRU MB</title>
		<link>http://blog.tstc.org/2007/12/14/a-pattern-of-failure-as-debt-grows-political-resolve-and-gas-tax-shrink/comment-page-1/#comment-101</link>
		<dc:creator>Bill Vigrass, WRU MB</dc:creator>
		<pubDate>Mon, 17 Dec 2007 19:57:47 +0000</pubDate>
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		<description>What can an ordinary citizen do about NJ&#039;s low gas tax?   I agree with all your arguments but my brave State Senator and Assemblyman fear their constituents&#039; wrath.  Some years ago when fuel prices were declining the Legislature had an ideal time to raise the tax by an amount equal to the decline in fuel prices, but they did not do so because they feared consituent criticism.  So we are faced with &quot;selling&quot; or &quot;capitalizing&quot; state-owned toll roads to attain a pile of cash in the short run.  I am strongly against mortgaging state assets (reminds me of the last days of Penn Central).   A fuel tax increase is the most logical way to raise the money needed.  How do we do it?

&quot;Bill from Cherry Hill&quot;</description>
		<content:encoded><![CDATA[<p>What can an ordinary citizen do about NJ&#8217;s low gas tax?   I agree with all your arguments but my brave State Senator and Assemblyman fear their constituents&#8217; wrath.  Some years ago when fuel prices were declining the Legislature had an ideal time to raise the tax by an amount equal to the decline in fuel prices, but they did not do so because they feared consituent criticism.  So we are faced with &#8220;selling&#8221; or &#8220;capitalizing&#8221; state-owned toll roads to attain a pile of cash in the short run.  I am strongly against mortgaging state assets (reminds me of the last days of Penn Central).   A fuel tax increase is the most logical way to raise the money needed.  How do we do it?</p>
<p>&#8220;Bill from Cherry Hill&#8221;</p>
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