U.S. Report: Raise the Federal Gas Tax to Pay for Infrastructure Fixes
Mark Niqutee reports:
As much as $70 billion annually will be needed over the next two decades to upgrade U.S. interstate highways, far above the $25 billion now being spent, according to a report that proposes raising federal fuel taxes and allowing more tolling to help make up the difference.
Voters in California faced a ballot initiative (which eventually failed) that would have revoked its new gas tax. France has experienced weeks of unrest as protestors pushed that government to rescind a fuel tax. The report's authors recognize that their approach is "aggressive and ambitious" but necessary.