July 13, 2015, 11am PDT
The basics of South Carolina Rep. Tom Rice's "Highway Trust Fund Certainty Act": Increase federal gas and diesel taxes by 10.1 cents in one year, index to inflation, and issue an income tax credit for $133.
December 10, 2014, 8am PST
Oil prices are at a five-year low with gasoline prices averaging $2.67 a gallon, lowest since February 2010. Furthermore, they are expected to drop another 17 cents to $2.50 a gallon in time for Christmas, so why not raise the gas tax by a nickel?
December 8, 2014, 7am PST
The good news is that a House Republican now supports raising the gas tax to balance the ailing Highway Trust Fund. The bad news is that come Jan. 3, Rep. Tom Petri (R-Wis.), a 36-year member, will be a former congressman—he is retiring on Dec. 26