With gasoline at reasonable prices, this a good time to raise the federal gas tax by just pennies per gallon to pay for new infrastructure and mass transit projects.
The national gasoline tax used to support the Highway Trust Fund was last raised to 18.4 cents in 1993. Raising the tax could significantly increase funding, and it would not add to our $22 trillion national debt.
Most Americans — be they city, suburban or rural residents, Democrat or Republican, liberal or conservative — benefit by good roads, bridges, and public transportation.
With gridlock and partisan bickering in Washington, increasing funding for the Highway Trust Fund and accompanying Mass Transit Account could be a key bipartisan issue the president, Democratic-controlled House and Republican-controlled Senate can agree on.