Thursday, November 8, 2012

Obama's Next Transportation Chief Faces Highway-Funding Quandary

The next U.S. Transportation secretary -- whether it's Ray LaHood or someone else -- will confront a highway system starved for cash and financed by a gasoline tax almost no one wants to raise. How President Obama and his DOT leader respond may set U.S. transportation's course for decades.

Read more at Bloomberg.com.