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<p>The levy on marine diesel is 20 cents per gallon according to the Inland Waterways Trust Fund. In addition, some states impose an additional tax on the fuel. In 2011 the fund generated approximately $84.5 million in fuel tax and interest revenue. It required an infusion of approximately $90 million from the U.S. Treasury to meets it requirements to maintain the 238 lock chambers on the inland waterways system.</p> <p>As I noted in another post, to say that the barge operators don't pay anything to support the inland waterways, including the locks, is incorrect. To say that they don't pay what they should, given that many of the facilities were constructed to meet their needs, although not exclusively, is a worthy point.</p> <p>The Congress is aware of the Inland Waterways Trust Fund shortfalls. Earlier this year it held hearings on how to resolve the problem.</p> <p>The inland waterways system, according to the trust fund, moves 600 million tons of cargo annually. According to Senate Committee Report 112.075, it would take 24 million truck loads or 5.5 million rail car loads to move this tonnage via road or rail. </p> <p>It is appropriate for rail enthusiasts to discuss competitive modes of transport. After all the railroads don't operate in a transport vacum. By the same token, it is appropriate to discuss railroad accounting and finance within the larger context of national financial issues as long as the discussions don't become a political rant. To pretend that finance does not have an impact on railroads is unrealistic.</p>
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