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Foremost transit policy expert Jeff Davis explains why the Highway Trust Fund has been effectively insolvent since 2008. Slower growth in driving, more fuel-efficient vehicles, and decades of resistance to raising the gas tax have undermined the system. He argues that while mileage-based fees are fair in theory, politically viable fixes are more likely to come from EV and registration fees or structured general-fund support than GPS tracking. The conversation also covers EV adoption, state versus federal funding roles, transit subsidies, tolling models, safety mandates, and the long-term impact of autonomous vehicles. GUEST BIO: Jeff Davis is a Senior Fellow at the Eno Center for Transportation and Editor of Eno Transportation Weekly. He has more than 30 years of experience in federal transportation policy, including eight years working in Washington, D.C., advising on the federal budget, the Highway Trust Fund, and long-term infrastructure funding and governance. Subscribe now and join us for this engaging and informative episode! =========📚📚📚========= CHAPTERS =========📚📚📚========= 00:00:00 Intro 00:01:05 What the Highway Trust Fund 00:02:32 Why the Highway Trust Fund Went Bankrupt 00:07:14 Who Pays for Roads State vs Federal Reality 00:10:45 Washington’s Options Gas Tax vs Mileage Tax 00:16:34 Why Congress Can’t Ignore the Problem Forever 00:20:04 EVs Not the Cause but the Accelerant 00:26:26 Inside the Trust Fund & Structural Imbalance 00:29:00 Build vs Maintain 00:32:00 Self Driving Cars 00:38:14 International Models 00:44:16 Mileage Tracking Future 00:47:56 How High Would the Gas Tax Need to Go 00:50:03 Hidden Cost of Safety Regs 00:53:35 Transit Myths & Trivia Special Thanks to Jeff Davis WEBSITE: https://enotrans.org/staff/jeff-davis/ #HighwayTrustFund #infrastructure #transportationpolicy #federalbudget #GasTax #vmt #RoadFunding #infrastructurecrisis #evs #electricvehicles #MileageTax #RoadPricing #tollroads #TransitFunding #PublicTransit #InterstateHighways #InfrastructureReform #autonomousvehicles #PolicyPodcast #EnoCenter