from Conservative Review:
Pain at the pump! GOP considers gas tax increase
On Monday morning, President Trump took to Twitter to announce a “big week for Infrastructure” (again) as the administration is set to roll out a $1.5 trillion plan to invest in American infrastructure. The administration claims that by relying on state and local governments, and with reductions in the federal budget, the cost to the federal government will be just $200 billion.
This is nonsense. Congress just passed an outrageous $419 billion spending bill. The so-called $100 billion in “spending offsets” turned out to be faked with budget gimmicks. There’s no reason to believe Congress will cut spending to pay for infrastructure when it has already shown the American people it has no problems with trillion-dollar deficits. What’s more, Republicans on Capitol Hill are already discussing ways to fund the infrastructure plan with a tax increase on gas.
The Washington Examiner reports that Republicans are talking about raising the gas tax. The U.S. Chamber of Commerce is pushing them to consider an increase of 25 cents per gallon, predicting it would generate some $375 billion over a decade.
The current federal tax on gasoline is 18.4 cents per gallon. If the Chamber of Crony Capitalism gets its way, the raised tax would be a whopping 43.4 cents per gallon. Republicans are open to the idea.