Texas Sen. John Carona, R-Dallas, chairman of the Senate Committee on Transportation and Homeland Security, said last week that the state must find a way to finance highway projects, including an increase in the gasoline tax.

“Let me be straight and bottom-line tell you that by 2012, funds for new transportation in this state will largely go away,” Carona said at a transportation conference sponsored by the Austin Chamber of Commerce. “We are headed toward the edge of a cliff in transportation funding in the state of Texas.

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