Senators Murphy, Corker Introduce Bipartisan Gas Tax Bill to Fix Highway Trust Fund

Last week, Senators Chris Murphy (D-CT) and Robert Corker (R-TN) introduced a bipartisan proposal to ensure funding of the nation’s surface transportation system into the future by increasing the federal motor fuels tax by 12 cents. Under the plan, the gas tax would be increased 6 cents over each of the next two years and indexed to inflation to ensure that it remains viable into the future. It is expected to raise $164 billion over 10 years. The tax increase would be offset by extending several popular tax breaks.

Senator Murphy said, "I think on our side of the aisle we recognize that it’s time to stop talking theoretically and start talking really in practical terms." He added that only if it is bipartisan can the proposal move through the Senate. After noting lawmakers should be embarrassed for letting things get to this point, Sen. Corker talked about backbone: "if Americans feel that having modern roads and bridges is important, then Congress should have the courage to pay for it."

For more information, contact Elizabeth Fox at efox@nrmca.org.

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