Posts Tagged ‘Bill Shuster’

Shuster Releases Infrastructure Plan

July 25, 2018

The chairman of the House Transportation and Infrastructure Committee has introduced an infrastructure plan that would be paid for in part by an increase in fuel taxes.

Bill Shuster (R-Pennsylvania) said his plan would result in significant federal investment in infrastructure projects and grant programs at least through 2021 and also bolster the sagging Highway Trust Fund.

The plan would raise federal user fees on gasoline and diesel fuel by 15 cents per gallon and 20 cents per gallon, respectively with the tax hikes phased in over three years.

Once the phase-in is completed, the user fees would be indexed to inflation, then zeroed out in 2028.

As a way of reforming the highway trust fund, Shuster wants to see the creation of a panel of experts to study and recommend solutions to ensure the fund’s long-term solvency.

Shuster’s plan also would establish a national, voluntary pilot program to test the viability of replacing current HTF user fees with a per-mile user fee.

Legislation reflecting the plan will be introduced in the coming weeks and months.

Shuster said he developed his proposal in consultation with members of both major political parties.

“This discussion draft does not represent a complete and final infrastructure bill,” Shuster said in a statement. “It is meant to reignite discussions amongst my colleagues.

Trump Meets to Talk Infrastructure Plan

December 13, 2017

News reports said that President Donald Trump met this week with U.S. Transportation Secretary Elaine Chao and House Transportation and Infrastructure Committee Chairman Bill Shuster to discuss the administration’s infrastructure proposal.

The administration has proposed using $200 billion in federal funds to leverage $1 trillion worth of infrastructure improvements.

Trump had indicated last month that once a tax bill had passed Congress that his administration would be ready to focus on the infrastructure plan.

Trump Might Back 7-cent Gas Tax Hike

October 30, 2017

The Trump administration might seek an increase in the federal gasoline tax as a way of paying for a proposed $1 trillion infrastructure program.

That point was made by Trump’s economic adviser Gary Cohn during a meeting with House lawmakers last week.

The proposed 7-cent increase would be used to fund public work projects, such as railways, roads, waterways and bridges.

Trump had said earlier this year during an interview with Bloomberg News that he was open to a gas tax increase. The last gasoline tax increase came in 1993.

Rep. Bill Shuster (R-Pennsylvania), the chairman of the House Transportation and Infrastructure Committee has said there is little interest in a gas tax hike now, but committee members might support one if the White House gets involved and supports the increase.

Although the Trump infrastructure plan has received widespread attention, the administration has yet to reveal any hard details about it.