Clocker
02-12-2018, 11:18 AM
“My Administration’s plan addresses more than traditional infrastructure -- like roads, bridges, and airports -- but addresses other needs like drinking and wastewater systems, waterways, water resources, energy, rural infrastructure, public lands, veterans’ hospitals, and Brownfield and Superfund sites,” President Trump said in the White House document.
“The reforms set forth in my plan will strengthen the economy, make our country more competitive, reduce the costs of goods and services for American families, and enable Americans to build their lives on top of the best infrastructure in the world.”
The federal government would contribute $200 billion to the package, a figure Democrats have already denounced as too small a number.
The plan is just out, but supposedly will be funded by $200 billion in federal money, the rest to come from state and local government and private sources.
Want to buy a bridge?
http://thehill.com/policy/transportation/infrastructure/373408-white-house-releases-55-page-infrastructure-proposal
Or maybe not.
Republicans are weighing whether to raise the federal gas tax. It's an idea they are prone to hate, but they may need it to pay for President Trump’s infrastructure investment plan.
Supporters of the idea note that the tax hasn’t been raised since 1993 and have plenty of evidence that resistance to a hike is wearing down.
The U.S. Chamber of Commerce recently called for the Trump administration and Congress to raise the gas tax by 25 cents per gallon to help pay for an infrastructure package, projecting it would generate more than $375 billion over a decade. For 25 years, the federal tax on gasoline has held steady at 18.4 cents per gallon and 24.4 cents per gallon for diesel. It is not indexed to inflation.
The Republican chairman of the House Transportation and Infrastructure Committee, Rep. Bill Shuster of Pennsylvania, prodded colleagues at the recent GOP retreat to consider setting aside years of opposition and raise the tax.
http://www.washingtonexaminer.com/republicans-consider-the-unthinkable-a-gas-tax-increase-to-pay-for-infrastructure/article/2648637
“The reforms set forth in my plan will strengthen the economy, make our country more competitive, reduce the costs of goods and services for American families, and enable Americans to build their lives on top of the best infrastructure in the world.”
The federal government would contribute $200 billion to the package, a figure Democrats have already denounced as too small a number.
The plan is just out, but supposedly will be funded by $200 billion in federal money, the rest to come from state and local government and private sources.
Want to buy a bridge?
http://thehill.com/policy/transportation/infrastructure/373408-white-house-releases-55-page-infrastructure-proposal
Or maybe not.
Republicans are weighing whether to raise the federal gas tax. It's an idea they are prone to hate, but they may need it to pay for President Trump’s infrastructure investment plan.
Supporters of the idea note that the tax hasn’t been raised since 1993 and have plenty of evidence that resistance to a hike is wearing down.
The U.S. Chamber of Commerce recently called for the Trump administration and Congress to raise the gas tax by 25 cents per gallon to help pay for an infrastructure package, projecting it would generate more than $375 billion over a decade. For 25 years, the federal tax on gasoline has held steady at 18.4 cents per gallon and 24.4 cents per gallon for diesel. It is not indexed to inflation.
The Republican chairman of the House Transportation and Infrastructure Committee, Rep. Bill Shuster of Pennsylvania, prodded colleagues at the recent GOP retreat to consider setting aside years of opposition and raise the tax.
http://www.washingtonexaminer.com/republicans-consider-the-unthinkable-a-gas-tax-increase-to-pay-for-infrastructure/article/2648637