Senate EPW urges for agreement on long-term highway bill
The Senate Environment and Public Works Committee began its transportation reauthorization efforts Jan. 28 with a hearing featuring Transportation Secretary Anthony Foxx and the governors of Alabama and Vermont, as well as the South Dakota Secretary of Transportation. Members at the hearing urged for a long-term highway bill solution.
During the hearing, Sen. David Vitter (R-La.) concluded that Congress has three options for fixing the Highway Trust Fund: a gas tax hike paired with a tax cut of some other type, repatriation or using some of the revenue from additional domestic energy production.
He continued to say that he believes a 18.4 cents-per-gallon hike in the fuel tax could pass “if paired with a lower-middle class and middle-class tax cut.” He also said tax repatriation would only be a short-term solution and royalties from increased domestic energy production could be a part of the solution.