There’s an old saying “if it’s too good to be true, then it’s too good to be true.”
Many Vandalia area drivers, and drivers across the nation, have recently enjoyed lower gas prices.
Our family filled up our minivan the other day with 14 gallons for under $30.
After all of us have enjoyed more than a month of relief at the gas pump, our “wonderful” federally elected officials are now drooling and wanting to find a way to take away the money you and I are not currently spending in fuel.
Sen. Bob Corker (R), of Tennessee, and Sen. Chris Murphy (D), of Connecticut, have proposed an increase in the federal gas tax by .12 cents for the next two years while indexing it to inflation.
This means the current 18.4 cent-per-gallon federal tax, which hasn’t been raised since 1993, would change to 30.4 cent-per-gallon.
The proposal also works to reportedly lower some other taxes, though I couldn’t confirm what those were.
The bill creators are hoping an increase will help a Highway Trust Fund, which will be short more than $160 billion during the next 10 years.
Sen. Corker is on record in saying that he wants a permanent fix.
“We’re open to all kinds of ways in dealing with this,” Corker said in a USA Today interview. “But one thing I will lay in the railroad tracks over is any kind of short-term, kick-the-can-down-the-road (approach).”
He went on to say that short-term fixes with borrowed money has “been an act of generational theft. Congress has taken what I perceive as the cowardly way out. We’re spending future generations’ money and not dealing with the issue.”
House of Representatives Speaker John Boehner (R) openly opposes Sen. Corker’s gas tax idea while admitting that there is a need to fix “America’s crumbling infrastructure” through a long-term program.
With gas prices appearing to stay low for some time, this issue of increasing the federal gas tax will not go away.
And while many reading this might feel an increase could be justified, don’t forget that there’s always a chance that gas prices could increase to what we’ve been accustomed to during the past several years.
When that happens, drivers will be hurt at the pump with losing money from their wallets like never before.
I hope that good feeling when I’m paying for my gas continues. I personally enjoy the help it has given my family’s budget.
Hey, that’s right, my family has one of those. Too bad our Congress hasn’t passed a budget and stuck to it. Now that would be “too good to be true.”