McConnell Rules Out GOP Support for Tax Hikes to Pay for Infrastructure
Senate Minority Leader Mitch McConnell said there was no chance that Republicans would back any tax increases to pay for President Joe Biden’s infrastructure plan, leaving Democrats to try to force through a package on their own.
Secretary Pete Buttigieg Suggests Usage Charge as Sustainable Funding Solution
Transportation Secretary Pete Buttigieg acknowledged the lack of sustainable transportation financing sources, but suggested an increase to the federal fuel tax rate would not offer a long-term solution.
Chicago Mayor’s Budget Plan, Including Fuel Tax Hike, Is Approved
The Chicago City Council has voted to approve Mayor Lori Lightfoot’s 2021 budget proposal, which includes a fuel tax increase.
States Take Action as COVID-19 Chokes Revenue Streams
Many state transportation agencies continue to develop revenue forecasts to determine how much money they can expect to lose in fuel tax revenue, tolls and transit fares in the wake of the pandemic.
Chicago Mayor’s Budget Proposal Calls for City Fuel Tax Hike
Chicago is planning for a 3-cent fuel tax increase in an effort to help restore the city’s financial well-being amid the coronavirus pandemic,
Montana County Votes for Local Gas Tax
Voters in Missoula County, Mont., recently approved a gas tax as a way to finance local transportation projects.
US Chamber Renews Calls for Fuel Tax Increase
WASHINGTON — The expiration this fall of the country’s central highway policy law means that its reauthorization must be urgently addressed by Congress, Ed Mortimer, transportation director at the U.S. Chamber of Commerce, told a Senate committee Feb. 25.
Former T&I Leader Bill Shuster Touts Fuel Tax, Presses for Leadership
With the U.S. House of Representatives readying consideration of a comprehensive highway bill as early as the week of Jan. 27, Bill Shuster, formerly the leader of that chamber’s transportation panel, argued that an increase in the federal fuel tax is an ideal approach for Congress to consider as a means of funding for the measure.
Michigan Lawmakers Ready to Act on Budget — Without Road Deal
Republican leaders in Michigan’s Senate and House of Representatives are prepared to proceed with a budget, albeit one that doesn’t include a deal to secure funding for the state’s crumbling roads.
Secretary Chao: Fuel Tax a ‘Topic of Discussion’ During Infrastructure Policy Talks
Responding to whether the federal fuel tax should be raised to help fund the country’s corridors, Transportation Secretary Elaine Chao acknowledged the funding approach garnered interest during negotiations of a comprehensive infrastructure bill.