Trump considering a big gas tax increase?


According to reports, President Trump told lawmakers that he was open to a 25-cent increase in the gas tax to fund his infrastructure plan, but that he’s considering other funding ideas. The White House did not confirm or deny the report. Republicans on Capitol Hill noted that fuel-efficient cars are making the gas tax a more difficult means to finance road construction.

President Donald Trump is reportedly open to raising the federal tax on gasoline and diesel by 25 cents to pay for the White House’s infrastructure plan.

The current taxes, which have not been raised in nearly 25 years, are 18.4 cents per gallon for gasoline and 24.4 cents for diesel.

At least some Republican lawmakers and many conservative groups are opposed to hiking the federal fuel levy.