Sen. Ron Wyden said indexing the gas tax to inflation could increase gas prices for average Americans next year.
Bernie Sanders joined a growing number of Democrats who rejected an emerging proposal as too meager to address climate change and inequality.
Republican Sen. Mitt Romney told Insider a bipartisan group was weighing indexing the gas tax to inflation. The tax hasn't been raised since 1993.
A GOP-led bloc is assembling an infrastructure proposal ranging from $600 billion to $800 billion, possibly paid for with new charges on drivers.
Pressing the GOP to roll back Trump's corporate tax cut is like asking Democrats to undo Obamacare, an expert said. They may raise gas taxes instead.
Republicans suggested raising the gas tax or implementing a vehicle mileage tax on electric cars to pay for an infrastructure overhaul.
The package may come in at $600 billion to $800 billion and would likely avoid hiking taxes on corporations or undoing much of Trump's 2017 tax cuts.
If we're going to sufficiently pay for infrastructure, we must find new ways to do so. A mileage tax could be a step in the right direction.
New York Sen. Chuck Schumer has proposed a $US454-billion, 10-year plan to take 63 million gas-powered vehicles off America’s roads and eliminate all internal-combustion sales some time after 2030. The plan has a noble goal, but there are far quicker ways to achieve some of its objectives, without giving away […]
Gas and diesel taxes went up in a handful of US states on July 1. Those increases are happening in California, Connecticut, Illinois, Indiana, Maryland, Michigan, Montana, Nebraska, Ohio, Rhode Island, South Carolina, Tennessee, and Vermont. There are various reasons for the hikes, depending on the state, but they are […]
President Donald Trump reportedly told lawmakers in a White House meeting that he is open to increasing the gas tax to pay for his giant infrastructure plan. The federal gas tax has not been increased since 1993, when it was bumped to 18.4 cents per gallon of unleaded fuel. A […]
President Donald Trump rolled out a promise for a $US1.5 trillion infrastructure package during the State of the Union. Republicans discussed paying for the federal portion of the plan with an increase in the federal gas tax, which hasn’t been boosted since 1993. GOP leaders are concerned such a move […]
President Donald Trump said Monday he would be...
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