House Transportation Chairman Backs Gas-Tax Indexing
To help provide more revenue for this year's highway and transit reauthorization, House Transportation and Infrastructure Committee Chairman Don Young (R-Alaska) says he supports increasing the federal gasoline tax to account for inflation.
Young says he would like to see highway funding climb to $60 billion in 2009, the last year of the planned new bill. He told ENR Feb. 12 that in previous legislation, "We made a mistake by not indexing. We want to index." He says that inflation has eroded the value of the fuels taxes, which last were increased in 1993.