Trump’s economic advisers throw cold water on his proposal to raise federal gas tax View Larger Image CNBC » The president’s Council of Economic Advisers warned on Wednesday that taxing gasoline to pay for infrastructure improvements is an “imperfect” system. The 18.4-cents gasoline levy, which funds federal highway and mass transport spending, was last raised in 1993. Since then, inflation and rising fuel efficiency standards have eroded the purchasing power of funds raised through the tax. Michelle2018-02-22T15:39:54-08:00February 21st, 2018|Fuel Tax, Response to Trump, Trump & Infrastructure, U.S. News| Share This Story, Choose Your Platform! FacebookTwitterEmail Related Posts Infrastructure Policy On Tap When Trump, Pelosi Meet Again April 17th, 2019 With 100 People Per Day Dying in Crashes, Lawmakers Weigh Road Safety Options April 9th, 2019 Thousands of Bridges In ‘Urgent Need of Repairs’ April 8th, 2019 Getting There: Congestion pricing isn’t coming to Spokane, but these roads aren’t free and never were April 8th, 2019 Congress Returns to Debate Infrastructure, Fiscal 2020 Funding, Nominees March 21st, 2019 Sea level rise could threaten California cities and ports by 2040 March 21st, 2019 Infrastructure funds top need, state mayors say March 18th, 2019 Trump Fiscal 2020 Budget Request Prioritizes Infrastructure Grants March 11th, 2019 ‘Fix the Damn Roads’: States Step In After Trump’s Plans Stall March 11th, 2019