Search

>> Advanced Search  
 
         
View Today's News

Feature of
the Week
Betting on Sam
CSP's Samantha Oller visits with Sam Hirbod, president and CEO or Pacific Convenience & Fuels.
Runtime: 06:43

Comments or questions?
Send us your Feedback.
Send Feeback
Post your comments.
Sign up today!
Join Forum

Subscribe to the industry's most-read daily email newsletter and get the latest news delivered to your Inbox each morning.
Click Here to
subscribe to
CSP Daily News
 
Issue Date: CSP Daily News, November 30, 2009


Federal Gas Tax Hike on Front Burner?
Five-cent increase "essential," says House Transportation Committee chairman
  - ADVERTISEMENT -
WASHINGTON -- Sentiment is growing at the federal level that raising the gasoline tax by at least five cents a gallon and indexing it to inflation is vital to getting long-delayed projects off the ground, reported The Fort Worth Star-Telegram. But for now, the hard part is just getting an audience in Congress, the report said.

The Obama administration favors reforming transportation funding—and increasing investment in new projects such as high-speed rail—but wants to delay the matter by 18 months, said the report. Members of the House Transportation & Infrastructure Committee are balking at that delay and demanding a debate now.

U.S. Representative Corrine Brown (D-Fla.), a committee member, predicted that new highway funding sources would be made available "in the next couple of months." One possibility is another round of stimulus money for transportation projects. "We have finally gotten the Senate and the administration to understand that transportation is key, and it's bipartisan," Brown said Monday after giving a speech to Irving leaders, according to the newspaper.
 
U.S. Rep. James Oberstar (D-Minn.), the committee's chairman, has said during previous visits to Dallas-Fort Worth that a gasoline tax increase of at least five cents would be essential, said the report. Oberstar is the author of a six-year transportation bill (H.R. 3617, the Surface Transportation Authorization Act of 2009), introduced in June, that, if approved by Congress, would authorize spending $550 billion on transportation needs—and would double the amount available for new road work, the report said.

Oberstar has said funding for the six-year program would fall about $140 billion short if the 18.4-cent federal tax remains the same, added a report by The Star-Ledger in New Jersey.

The 18.4-cent-per-gallon federal gasoline tax has not been increased since 1993.

"The maintenance and improvement of our transportation infrastructure has fallen well behind our needs," Oberstar said, according to the report. "An increase in the tax that funds these projects is long overdue."

Meanwhile, there is also a growing push for a state gasoline tax increase of 10 cents per gallon in Texas, said the Star-Telegram. The current level of 20 cents per gallon has not been changed since 1991. Governor Rick Perry opposes the increase, the paper said.

Click here for the full text of H.R. 3617.

Click here for a Heritage Foundation report on Oberstar's transportation plan.
© CSP Information Group, Inc. 2010 
P: 203-283-9248  | F: 203-283-9253 | cspinquire@cspnet.com
60 Broad Street, Milford CT 06460