1932 | President Herbert Hoover signs the Revenue Act of 1932, authorizing the first Federal gas tax, 1 cent a gallon. The revenue is paid into the general fund for deficit reduction.![]() | |
1972 | Secretary of Transportation John Volpe addresses the Western Association of State Highway Officials in Salt Lake City, UT. He states that when asked what our national highway policy is, "My answer is brief: we don't have one. What we have is a National Transportation Policy." He adds that given the recent emphasis on environmental and social issues, "I've had highway contractors, and even a State highway director or two, come up to me and say, 'Are you the same John Volpe who used to be President of the AGC?' or 'Are you the same fellow who was in on the start of the Interstate System back in '56?'" |