AAA forecast 40 million travelers for Independence Day

AAA forecasts more than 40 million travelers will be active from July 2 to July 6 for the Fourth of July weekend.

"With school out for summer, the Fourth of July holiday is typically the busiest summer travel holiday, with five million more Americans traveling compared to Memorial Day weekend," said Christine Sarames Delise, a AAA Mid-Atlantic spokeswoman."Optimistic Americans are more willing to take on debt this year, dusting off their credit cards to pay for a much-needed Independence Day getaway."

Gas prices are expected to be the highest since 2008. Despite the recent rise in gas prices, nearly 85 percent of travelers, 34.8 million, will drive to their destination, representing a 2.2 percent increase over last year's holiday.

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