“The biggest problem we have is that the Highway Trust Fund, which is funded by gasoline taxes, continues to shrink as cars get more and better mileage standards, Boehner told CBS anchor Scott Pelley. “So, the money that’s in the Highway Trust Fund isn’t sufficient to meet the infrastructure needs of the country.”
“When the Democrats controlled the House, the Senate and the White House, they couldn’t increase the gas tax,” he said. So what’s left? “We believe that through tax reform [and] a couple of other options that are being looked at, we can find the funds to fund a long-term highway bill. It’s critically important to the country.”
House Minority Leader Nancy Pelosi (D-Calif.) has recently supported raising the country’s gasoline tax. “Gas prices are so low — oil prices are so low — (now) is the time to do it,” she said.