12 Cent Proposal | Young Raises Fee Idea
House Transportation and Infrastructure Committee Chairman Don Young (R-Alaska) has raised the gax tax likely to be included in the upcoming surface transporation bill up to 30.4¢ per gallon, a 12¢ increase over the current gas tax over the next six years. This is a significant increase over the 8¢ over six years increase floated last week. In addition, Young is considering a freight container fee, an idea dropped in 2002. Both ideas would generate opposition, both from the administration (which opposes any gas tax increase) and from the shipping industry (which opposes the freight container fee). With the Federal Highway Trust Fund receipts significantly lower because of the recession, any new bill will seek to increase the amount of money coming into the fund.