https://redstate.com/dhorowitz3/2011/07/18/time-to-end-bipartisan-profligacy-of-transportation-spending/feed/Conservative News & Politicsen-usWed, 10 Jun 2026 01:28:42 -0400<![CDATA[One of the preferred methods liberals use to tax and spend is to create special &#8220;trust funds&#8221; for particular expenditures, with the intent of hiding the funds within the Treasury&#8217;s general fund.  The system goes something like this: levy a tax that is supposedly earmarked for a specific expense and impounded in a trust fund (lock box); gradually purloin the fund by using it for general expenditures, while using general fund monies (and debt) to overspend on the trust fund expenditures; demand that taxpayers contribute more to the trust fund that has gone broke.  This is ostensibly what has happened with the Social Security Trust Fund.  It&#8217;s also what Big Business and Big Labor desire to do with the Highway Trust Fund, which was modeled after the SS fund.]]>Mon, 18 Jul 2011 08:35:00 -0400<![CDATA[Daniel Horowitz]]>https://redstate.com/dhorowitz3/2011/07/18/time-to-end-bipartisan-profligacy-of-transportation-spending-n39696