Just as we get a break from high fuel costs, commission calls for 50% hike in gas tax
Jennifer McClelland | RSS | 0 CommentsJust when I thought we were going to get a break from high fuel costs, the National Commission on Surface Transportation Infrastructure Financing has called Congress to increase the fuel tax on a gallon of gas by 50%. The reason is that more motorists are driving less, and therefore buying less gas.
The increase would help fix roads and bridges or what is part of the “crumbling infrastructure of America”.
In a report expected in late January, members of the infrastructure financing commission say they will urge Congress to raise the gas tax by 10 cents a gallon and the diesel tax by 12 cents to 15 cents a gallon. – AP
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Tags: fuel cost, cnbc, congress
