Senators Propose 12-cent Gas Tax Increase

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Senators Propose 12-cent Gas Tax Increase

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Senators Propose 12-cent Gas Tax Increase

by Wochit 0:38 mins

1,600 views

Senators Propose 12-cent Gas Tax Increase

by Wochit 0:38 mins

1,600 views

wo senators unveiled a bipartisan plan Wednesday to raise federal gasoline and diesel taxes for the first time in more than two decades, pitching the proposal as a solution to Congress' struggle to pay for highway and transit programs. The plan offered by Sens. Chris Murphy and Bob Corker would raise the 18.4-cents-a-gallon federal gas tax and 24.4-cents-a- gallon diesel tax by 12 cents each over the next two years, and then index the taxes to keep pace with inflation.

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