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Tuesday, October 12, 2010

Obama Highway Plan Fuels Talk Of Gas Tax Hike

Two former transportation secretaries who recently co-chaired a panel that proposes gas tax hikes and user fees to pay for government transportation projects joined President Obama Monday as he called for a $50 billion immediate investment in roads, rails and runways.

And while the president has not endorsed the proposals by ex-officials Norm Mineta and Samuel Skinner, some industry experts insist gas prices will have to rise to pay for the grand plans.

"These reforms and innovations will not be cheap," said AAA President Robert Darbelnet. "All funding options must be on the table -- including an increase in the federal gasoline tax."

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