FY 2014 and Surface Transportation

摘要

My February column emphasized the uncertainty existing as we entered 2013. During the last five months actions have been taken to lessen the uncertainty for the remainder of government FY 2013. Taxes have increased for everyone (the 2% pay roll tax reinstituted); taxes have increased on businesses for the Affordable Care Act (Obama Care); and income taxes have increased for "high earners." Sequestration began on March 1 st. Congress avoided a government shut-down by appropriating funds for the remainder of the year, and providing minimum reprograming relief to the Department of Defense (DOD).