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Americans would pay more to own cars under Republican proposal

The Republican proposal to impose a fee on electric and hybrid vehicles to fund the Highway Trust Fund, as discussed in the Newsweek article, aims to address the shortfall in the fund caused by the increasing number of fuel-efficient and electric vehicles that do not contribute to the gas tax. The proposal, introduced by Rep. Mike Collins, suggests a fee of one cent per pound of the vehicle's curb weight, targeting electric and hybrid cars which are often heavier due to their batteries. This initiative has sparked debate, with critics arguing that it unfairly targets eco-friendly vehicles and could discourage the adoption of sustainable transportation options. Supporters, however, believe it is a necessary measure to ensure the Highway Trust Fund remains solvent, as traditional gas tax revenues continue to decline.

Read the Full Newsweek Article at:
[ https://www.newsweek.com/republican-proposal-car-fee-highway-trust-fund-2065841 ]