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Chamber of Commerce Proposes Gas Tax to Pay for Infrastructure

The money collected from the gas tax goes to the Highway Trust Fund to pay for road work, The Hill reported.

Fri January 19, 2018 - National Edition
Emily Buenzle


The Chamber of Commerce said it would like a better permitting process and more private partnerships to help pay for infrastructure initiatives, The Hill reported.
The Chamber of Commerce said it would like a better permitting process and more private partnerships to help pay for infrastructure initiatives, The Hill reported.

The U.S. Chamber of Commerce is pushing for an increased gas tax to fund America's infrastructure.

Chamber President Tom Donohue suggested an increase of 25 cents to the gas tax over the next five years, but said that the group would not oppose increasing the tax all at once instead, The Hill reported. The gas tax currently sits at 18.4 cents—and hasn't been raised since 1993. While the Chamber of Commerce has traditionally voiced its approval of a gas tax increase, this latest push coincides with the Trump administration's recent work on the promised infrastructure package.

The money collected from the gas tax goes to the Highway Trust Fund to pay for road work, The Hill reported.

In addition, the Chamber of Commerce said it would like a better permitting process and more private partnerships to help pay for infrastructure initiatives, The Hill reported.

“Whatever it takes us to get the right kind of bill with the right kind of support and the right kind of improvement, particularly on the permitting side, we're going to be there,” said Donohue. 

The White House said it felt “encouraged”