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Trump says he backs 25-cent gas tax hike to pay for infrastructure

Trump says he backs 25-cent gas tax hike to pay for infrastructure
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President TrumpDonald John TrumpIG investigating Comey memos over classified information: report Overnight Defense: Congress poised for busy week on nominations, defense bill | Trump to deliver Naval Academy commencement speech | Trump administration appeals decision to block suspected combatant's transfer Top Pruitt aid requested backdate to resignation letter: report MORE on Wednesday said he in favor of a 25-cent gas tax hike to pay for his infrastructure plan.

He told lawmakers and senior White House officials that he endorses a gas tax hike, sources familiar with the meeting told Axios.

Sen. Tom CarperThomas (Tom) Richard CarperGOP chairman probes Pruitt’s four email addresses Watchdog requests probe into relationship between top EPA aide and man investigating him Overnight Finance: Wells Fargo could pay B fine | Dems seek info on loans to Kushner | House to vote on IRS reform bills | Fed vice chair heading before Congress MORE (Del.), the top Democrat on the Environment and Public Works Committee, was in the meeting and confirmed in a statement that the president backed a 25-cent increase. 

“President Trump came back to the idea of a 25 cent increase several times throughout the meeting,” Carper said in a statement.

“While there are a number of issues on which President Trump and I disagree, today, we agreed that things worth having are worth paying for, and the president even offered to help provide the leadership necessary so that we could do something that has proven difficult in the past.”

The administration unveiled an infrastructure proposal earlier this week. It did not include an increase in the gas tax.

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Officials have been mulling an increase in the federal gasoline tax for months as a means to pay for the infrastructure package. 

Tom Donohue, president of the Chamber of Commerce, called last month for a 25-cent increase over five years, but said that he would also support a one-time 25-cent increase.

The gas tax supports the Highway Trust Fund to pay for road projects, and has not been raised in more than two decades.

The White House unveiled Trump’s long-awaited infrastructure overhaul on Monday, a $1.5 trillion package that would include a $200 billion contribution from the federal government.

- Updated at 5:19 p.m.