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Washington Report: Senate Committee Transfers $3.7 Billion from LUST to Senate Transportation Bill

NACS Online -- WASHINGTON – The Senate Finance Committee is raiding the Leaking Underground Storage Tank (LUST) Trust Fund to help fund the $109 billion Senate transportation proposal, The Hill reports. Last week, NACS sent a letter to the committee asking that they keep the LUST Fund intact.

This week, the committee okay-ed funding offsets for its transportation bill to the tune of $9.6 billion that included $3.7 billion from LUST. The Highway Investment, Job Creation and Economic Growth Act of 2012 was crafted to respond to a House bill by Republicans that would attach infrastructure outlays to more oil drilling.

The committee approved the act with a 17-7 vote. The bill closes the nearly $13 billion shortfall between the Senate’s transportation measure and the funds from federal trusts that pay for..

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Submitted Feb 10, 2012 By: EZExit

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A2J Champion Author Richmond Posts:1,425 Points:277,200 Joined:Aug 2011	Message Posted: Feb 10, 2012 9:08:50 AM Ignore A2J Report Abuse Does $3.7 Billion enough ???
QualTekGuy Champion Author Illinois Posts:1,441 Points:407,625 Joined:Feb 2007	Message Posted: Feb 10, 2012 8:31:49 AM Ignore QualTekGuy Report Abuse I see. It was a misunderstanding. The congressional committee thought that they shouldn't be funding anything that has to do with lust or sex or any other salacious acts.
badbonita Champion Author Syracuse Posts:4,379 Points:993,530 Joined:Jul 2008	Message Posted: Feb 10, 2012 8:20:48 AM Ignore badbonita Report Abuse Why am I not surprised by the government raiding a trust fund - could it be because they don't understand that it has a dedicated use. If there is a spill from a leaking tank, the cost to cleanup will likely be in the billions. But why should the government worry, they'll just go to court and fight with the owners of the tank, the owners of the land, the contractors who built it and whoever they can include. And of course, the contractors that they 'hire' to do the cleanup will wait decades for their payments.
bluebird1 Champion Author Toronto Posts:13,981 Points:2,760,740 Joined:May 2004	Message Posted: Feb 10, 2012 8:13:30 AM Ignore bluebird1 Report Abuse Never trust a gov't with a trust fund...they're too greedy to leave it alone!!
cssco Champion Author Virginia Posts:5,455 Points:1,394,625 Joined:Feb 2006	Message Posted: Feb 10, 2012 8:12:26 AM Ignore cssco Report Abuse Stupid is as stupid does and I heard Harry Gump say it.
1stClicker Champion Author Texas Posts:3,492 Points:1,883,445 Joined:Oct 2005	Message Posted: Feb 10, 2012 8:10:50 AM Ignore 1stClicker Report Abuse Nothing new, doesn't the government raid gas taxes, the Social Security funds and so on. They say these are "dedicated" funds but it all goes into the general fund and they use it whatever way they want.
cwashi3324 Champion Author Cincinnati Posts:1,214 Points:249,545 Joined:May 2009	Message Posted: Feb 10, 2012 8:07:51 AM Ignore cwashi3324 Report Abuse same story different day. [Edited by: cwashi3324 at 2/10/2012 8:08:22 AM EST]
repeater1 Champion Author Topeka Posts:6,586 Points:2,021,325 Joined:Oct 2005	Message Posted: Feb 10, 2012 8:07:24 AM Ignore repeater1 Report Abuse Typical government move. Put money in a trust and then move it to another fund that is in favor currently.
Tnerbeel Champion Author Houston Posts:6,932 Points:1,391,760 Joined:Mar 2007	Message Posted: Feb 10, 2012 8:06:53 AM Ignore Tnerbeel Report Abuse "The Highway Investment, Job Creation and Economic Growth Act of 2012" Even the name sounds like a charade
snell snail Champion Author Atlanta Posts:3,748 Points:2,261,085 Joined:Feb 2004	Message Posted: Feb 10, 2012 8:05:25 AM Ignore snell snail Report Abuse ...Wimpy actually said:"I'll gladly pay you Tuesday for a mahburger today."
Chitowner Champion Author Omaha Posts:3,413 Points:931,340 Joined:Jul 2007	Message Posted: Feb 10, 2012 8:05:03 AM Ignore Chitowner Report Abuse I like that move outlaw a lot of department we cannot afford them
91Hilux All-Star Author New Haven Posts:979 Points:353,095 Joined:Aug 2007	Message Posted: Feb 10, 2012 8:04:34 AM Ignore 91Hilux Report Abuse Sure, take away the money to clean up underground spills just in time for the XL to get built...
jci25946 Champion Author Tampa Posts:1,471 Points:581,565 Joined:Jan 2006	Message Posted: Feb 10, 2012 8:04:23 AM Ignore jci25946 Report Abuse There isn't any "TRUST" fund that hasn't been raided by congress!!!
Lukus Champion Author Halifax Posts:6,545 Points:1,323,185 Joined:Nov 2007	Message Posted: Feb 10, 2012 8:03:01 AM Ignore Lukus Report Abuse Sure the LUST fund didn't need the money anyway or if it did they will survive. How much is going into senaators pockets along the way, will we ever know.
nerde Champion Author Florida Posts:4,506 Points:963,225 Joined:Jul 2009	Message Posted: Feb 10, 2012 8:02:25 AM Ignore nerde Report Abuse As if cleaning up the environment doesn't create jobs? Stupid
jalan25 All-Star Author Indianapolis Posts:588 Points:214,895 Joined:Sep 2011	Message Posted: Feb 10, 2012 8:02:08 AM Ignore jalan25 Report Abuse Wasn't it Wimpy who used to say..."I'll gladly pay you tomorrow for a hamburger today?"
SaturnSC Sophomore Author Columbus Posts:141 Points:503,525 Joined:Nov 2008	Message Posted: Feb 10, 2012 8:01:28 AM Ignore SaturnSC Report Abuse Go figure
TKAP Champion Author North Carolina Posts:1,390 Points:348,110 Joined:Aug 2006	Message Posted: Feb 10, 2012 8:01:23 AM Ignore TKAP Report Abuse very bad
MotoPerro Sophomore Author Houston Posts:113 Points:31,200 Joined:Feb 2011	Message Posted: Feb 10, 2012 8:01:02 AM Ignore MotoPerro Report Abuse Typical. Next they'll pass a tax bill to re-fund the fund they robbed. In the end, we pay. NO CONFIDENCE in the current Senate majority or White House!
armstrmb Champion Author Houston Posts:8,579 Points:1,730,030 Joined:Jun 2007	Message Posted: Feb 10, 2012 8:00:52 AM Ignore armstrmb Report Abuse So why isn't this story about problems caused by the democrat-controlled Senate being blasted from every news outlet? (Answer: Criticising a democrat is "racist.")
FPLREP Champion Author Virginia Posts:6,382 Points:2,091,520 Joined:Oct 2005	Message Posted: Feb 10, 2012 8:00:46 AM Ignore FPLREP Report Abuse Madison8359 wrote"More robbing peter to help pay paul." You shouldn't do that or you will end up with a sore Peter!
listerone Champion Author Boston Posts:1,810 Points:539,145 Joined:Aug 2008	Message Posted: Feb 10, 2012 7:59:56 AM Ignore listerone Report Abuse When Harry Reid's lips are moving you know he's lying.After all,he was "Senator" in the film "Casino",a TRUE story.
kjSC Champion Author South Carolina Posts:1,942 Points:387,090 Joined:Apr 2011	Message Posted: Feb 10, 2012 7:59:56 AM Ignore kjSC Report Abuse Another shell game..
TANGOTANGO All-Star Author Toronto Posts:506 Points:211,775 Joined:Mar 2011	Message Posted: Feb 10, 2012 7:59:22 AM Ignore TANGOTANGO Report Abuse What is that saying about Peter and Paul??
ds531 Champion Author Texas Posts:1,073 Points:235,650 Joined:Sep 2011	Message Posted: Feb 10, 2012 7:59:12 AM Ignore ds531 Report Abuse Ok
jmg144 Champion Author Maryland Posts:8,802 Points:2,594,780 Joined:Jul 2004	Message Posted: Feb 10, 2012 7:58:47 AM Ignore jmg144 Report Abuse Congress has a 10% favorable rating. Why so high?
pper Champion Author Grand Rapids Posts:1,291 Points:312,925 Joined:May 2011	Message Posted: Feb 10, 2012 7:58:24 AM Ignore pper Report Abuse Washington taxes things for one purpose but spends it on something else. Buisness as usual.
paul12011 Champion Author Chicago Posts:1,551 Points:76,535 Joined:May 2011	Message Posted: Feb 10, 2012 7:58:09 AM Ignore paul12011 Report Abuse not good
72_Monte Champion Author Twin Cities Posts:5,973 Points:1,638,225 Joined:Aug 2005	Message Posted: Feb 10, 2012 7:56:00 AM Ignore 72_Monte Report Abuse Real smart. Bunch of jack arses.
icer06 All-Star Author Huntsville Posts:626 Points:113,845 Joined:Jan 2012	Message Posted: Feb 10, 2012 7:55:57 AM Ignore icer06 Report Abuse ok
Michaels2011 Champion Author Florida Posts:1,886 Points:93,725 Joined:Apr 2011	Message Posted: Feb 10, 2012 7:55:24 AM Ignore Michaels2011 Report Abuse Same old washington BS.
car253 Champion Author Ohio Posts:4,656 Points:1,132,570 Joined:Oct 2008	Message Posted: Feb 10, 2012 7:55:17 AM Ignore car253 Report Abuse We need new people in the Senate and in the White House.
sparkie951 Champion Author Roanoke Posts:2,353 Points:493,135 Joined:Dec 2010	Message Posted: Feb 10, 2012 7:53:39 AM Ignore sparkie951 Report Abuse Again, Washington politics. If I rob a trust fund, I go to Jail. If they do it, oh well...
madison8359 Champion Author Cleveland Posts:6,388 Points:1,234,540 Joined:Apr 2008	Message Posted: Feb 10, 2012 7:53:09 AM Ignore madison8359 Report Abuse More robbing peter to help pay paul. When I do not have enough money for everything that I want I have to cut back a bit, save some money or do without. Congress steals, raises taxes and spends more of our money. And they wonder why their disapproval ratings are so high.
viperND Champion Author South Bend Posts:1,381 Points:377,040 Joined:Apr 2011	Message Posted: Feb 10, 2012 7:51:36 AM Ignore viperND Report Abuse :\|
rtw777 Champion Author Florida Posts:7,574 Points:1,482,250 Joined:Jan 2008	Message Posted: Feb 10, 2012 7:51:27 AM Ignore rtw777 Report Abuse Thought the LUST fund was for something else.
ramman2012 All-Star Author Edmonton Posts:791 Points:220,240 Joined:May 2011	Message Posted: Feb 10, 2012 7:50:40 AM Ignore ramman2012 Report Abuse Ok
BBHybrid Champion Author Pittsburgh Posts:5,220 Points:1,039,135 Joined:Aug 2008	Message Posted: Feb 10, 2012 7:49:25 AM Ignore BBHybrid Report Abuse end speculation
Group23 All-Star Author Greensboro Posts:761 Points:286,335 Joined:May 2006	Message Posted: Feb 10, 2012 7:48:57 AM Ignore Group23 Report Abuse Who are the trustees? How in the world can it be called a "trust" when it can be sucked dry easily. Social Security funds used to be in a trust until LBJ decided he needed the money worse.
WVUtailgater Champion Author Pennsylvania Posts:6,628 Points:1,339,150 Joined:Aug 2008	Message Posted: Feb 10, 2012 7:48:30 AM Ignore WVUtailgater Report Abuse what is a billion here and a billion there
rippinusoff Champion Author Lexington Posts:5,594 Points:1,128,800 Joined:May 2007	Message Posted: Feb 10, 2012 7:48:27 AM Ignore rippinusoff Report Abuse great
netman044 Champion Author Texas Posts:5,913 Points:1,001,210 Joined:Sep 2005	Message Posted: Feb 10, 2012 7:47:23 AM Ignore netman044 Report Abuse Where did the other 5.9 billion come from? Who will end up paying to clean up the leaking under ground storage tanks that were buried long before people thought about protecting the tanks from corrosion?
billey32 Champion Author Oklahoma Posts:1,349 Points:305,060 Joined:May 2011	Message Posted: Feb 10, 2012 7:46:45 AM Ignore billey32 Report Abuse Ok
LuckyD43 Champion Author Long Island Posts:22,125 Points:1,838,185 Joined:Apr 2005	Message Posted: Feb 10, 2012 7:46:07 AM Ignore LuckyD43 Report Abuse I love the way they just transfer money around from one fund to another. They ARE probably doing the same thing with our Social Security and God knows WHAT else. They act like it's THEIR money, but we all know it ISN'T. it's OURS!!
RamboOn66 Champion Author Tampa Posts:3,593 Points:1,540,910 Joined:Jan 2006	Message Posted: Feb 10, 2012 7:45:26 AM Ignore RamboOn66 Report Abuse What a crock.
Topless2012 All-Star Author Twin Cities Posts:641 Points:125,945 Joined:Jan 2012	Message Posted: Feb 10, 2012 7:45:11 AM Ignore Topless2012 Report Abuse Creative thiefs are they not. OH, yes they are.
mk9999 Champion Author Rochester Posts:6,093 Points:1,313,745 Joined:Aug 2008	Message Posted: Feb 10, 2012 7:43:56 AM Ignore mk9999 Report Abuse More wasted money.
dhawk24 Champion Author Maine Posts:6,049 Points:1,250,765 Joined:Jul 2008	Message Posted: Feb 10, 2012 7:43:53 AM Ignore dhawk24 Report Abuse OK, I guess.
evohnave All-Star Author Virginia Posts:917 Points:835,275 Joined:Sep 2008	Message Posted: Feb 10, 2012 7:43:05 AM Ignore evohnave Report Abuse Now on to the whole Senate...
liao Champion Author Montreal Posts:1,672 Points:1,076,390 Joined:Sep 2008	Message Posted: Feb 10, 2012 7:42:21 AM Ignore liao Report Abuse Sounds cpmplicate to understand.