Do We Need A Gas Tax Hike to Repair Our Aging Infrastructure?

Democrats in most states are calling for a gas tax hike in order to pay for road repairs and construction. Most Republicans resist any new taxes out of hand, but even they don’t now how to fund infrastructure repairs and construction without either raising the taxes or going further into debt. Conservatives don’t like either: The federal government typically spends about $50 billion per year on transportation projects, but the gas tax only brings in approximately $34 billion annually. The nonpartisan Read more […]