House Speaker Boehner douses gas tax hopes

Published 01/08/2015, 12:41 PM
© Reuters. Boehner departs at the end of a news conference following a Republican caucus meeting at the U.S. Capitol in Washington

WASHINGTON (Reuters) - House of Representatives Speaker John Boehner said on Thursday he doubted there were enough votes in the new Republican-majority Congress to raise gasoline taxes.

"I've never voted to raise the gas tax," the Ohio Republican told reporters.

Boehner said that when the Democrats controlled Congress, they could not find the votes to raise the gas tax, adding that "it's doubtful the votes are here to raise the gas tax again" in the Republican-majority Congress that took office this week.

As U.S. gasoline prices have been falling, some U.S. lawmakers see a golden opportunity to bump up taxes at the pump to help pay for the repair of crumbling roads and bridges.

In the Senate, Republican Jim Inhofe, the new chairman of the Senate Environment Committee, said on Wednesday a gasoline tax, or "user fee" as he prefers to call it, was one of the measures "on the table" as his panel works on a transportation bill this year but he stopped short of supporting such a fee.

Dick Durbin, the No. 2 Democrat in the Senate, said Wednesday he favored increasing the gas tax but that it should be coupled with relief for low- and middle-income consumers through tax credits or other means.

Boehner did not totally rule out a tax increase and acknowledged that more funding was needed for U.S. infrastructure. He said funding U.S. highways this year was "critically important" and there were numerous ideas for how to do this, adding that lawmakers will have to "work our way through" the problem.

"We've got to find a way to deal with America's crumbling infrastructure and we need to do it in a long-term program that is in fact funded," Boehner said.

Fuel taxes have been flat for more than 20 years, starving the Highway Trust Fund of revenue used for rising infrastructure repair costs. Lawmakers have fueled the fund with last-minute short-term injections of cash but want to find a more permanent fix.

Last July Republican Senator Bob Corker of Tennessee and Democrat Chris Murphy of Connecticut proposed raising federal gasoline and diesel taxes by 12 cents a gallon over two years from the current 18.4 cents.

© Reuters. Boehner departs at the end of a news conference following a Republican caucus meeting at the U.S. Capitol in Washington

The idea failed to take hold for the same reason similar proposals failed in the past: the idea of raising taxes on consumers has been anathema to lawmakers of both parties, particularly for conservatives who have signed pledges not to increase taxes.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.